Deregulation Is Highest for ________

question 3

Multiple Choice

Deregulation is highest for ________.

• A)customer premises equipment
• B)local telephone service
• C)long-distance telephone service
• D)All of the above are deregulated to about the same degree.

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Definitions:

Partnership

A lawful business structure operated by two or more people who jointly manage and divide profits.

Limited Liability

A legal structure that limits the personal financial responsibility of shareholders for the debts or actions of a corporation to the amount they invested.

Capital Acquisition

The process of acquiring capital assets, which are resources such as machinery, tools, or buildings, used to produce goods or services.

MPC

Marginal Propensity to Consume, which is the fraction of an additional amount of income that is spent on consumption.