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:

Quota

A fixed share or a target that has to be met, often used in the context of sales, production, or immigration.

Secretary of State

A high-ranking official in the government responsible for foreign affairs or domestic administrative matters, depending on the country.

Minor

A person under the legal age of adulthood, which varies by country but is commonly 18 years old, and therefore has restricted legal rights and responsibilities.

Voidable

A legal term describing a transaction or action that is valid until it is annulled or voided by one of the parties involved.