Which of the Following Was the Prime Reason Behind the Formation

question 188

Multiple Choice

Which of the following was the prime reason behind the formation of regulations aimed at protecting competitors?

• A) To provide legal protection to independent merchants against competition from
• Larger chain stores
• B) To reduce the concentration of industry power in the hands of a small number of competitors
• C) To increase competition in industries like telecommunications, utilities, transportation, and financial services by discontinuing many regulations
• D) To permit firms to expand their service offerings to new markets by discontinuing many regulations

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Definitions:

Unconditioned Stimulus

A stimulus that naturally triggers a response without the need for prior learning.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without any prior learning or conditioning.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response behavior.

Paired

Describes objects or concepts that are linked or associated with each other in some relationship or function.