Which of the Following Is a Likely Result of the Deregulation

question 171

Multiple Choice

Which of the following is a likely result of the deregulation of certain industries like airlines,electricity,telecommunications,and other industries?

• A)wage increases
• B)deregulation goes further against public interest
• C)consolidation of the industry under large firms
• D)a lack of innovation in these industries
• E)new entry and new ways of doing business in these industries

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Definitions:

Quality Improvement

Initiatives or processes aimed at enhancing the standard, effectiveness, or reliability of products, services, or operations.

Business Activities

Fundamental actions taken by a company to run its operations, including investing, financing, and operating activities.

Indirect Materials

Materials used in the production process that cannot be directly linked to a specific product, such as lubricants and cleaning supplies.

Factory Overhead

All indirect costs related to manufacturing, excluding direct materials and direct labor, like utilities, depreciation, and maintenance expenses.