Which of the Following Is an Example of Deregulation

question 48

Multiple Choice

Which of the following is an example of deregulation?

• A) lifting redundant restrictions on airline competition
• B) banning the sale of tobacco to minors under the age of 18
• C) lowering the speed limit on an interstate highway
• D) approving a proposed merger between Google and Microsoft
• E) establishing economic development zones to attract new businesses

---

Definitions:

Demand Curves

Graphical representations showing the relationship between the price of a good and the quantity demanded.

World Markets

The aggregate of all geographical markets where goods, services, and financial assets are traded internationally.

International Cartel

An agreement amongst businesses or organizations from different countries aimed at controlling production, setting prices, or limiting competition in the international market.

Marginal Cost

The increment in comprehensive cost derived from the fabrication of an additional unit of a product or service.