Proponents of Deregulation Point to All of the Following Industries

question 59

Multiple Choice

Proponents of deregulation point to all of the following industries as examples of successful deregulation except for

• A) airlines.
• B) pharmaceuticals.
• C) railroads.
• D) interstate trucking.

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Definitions:

Coffee

A popular beverage made by brewing roasted and ground beans from the Coffea plant.

Total Utility

The total satisfaction or happiness derived by a consumer from consuming a certain quantity of goods or services.

Additional Coffee

An increment in the quantity of coffee, considered as an example of a product or commodity in economic studies.

Marginal Utility

The additional joy or advantage obtained from using one more unit of a good or service.