Which of the Following Is a Likely Result of the Deregulation

question 109

Multiple Choice

Which of the following is a likely result of the deregulation of the airline industry that might benefit consumers?​

• A)A wage increase for union pilots​
• B)A possible decline in airline safety
• C)One firm emerging as an unregulated monopoly
• D)Loss of service on unprofitable routes
• E)A decrease in air fares

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Definitions:

Defense Industries

Industries involved in the production of weapons, military technology, and equipment for national defense.

Labor Unions

Organizations formed by workers from related fields that work for the common interest of its members in terms of pay, working hours, working conditions, and other employment rights.

National Urban League

An American civil rights organization that advocates on behalf of African Americans and against racial discrimination in the United States.

Economic Opportunities

The availability of jobs, business ventures, and other activities that can lead to economic improvement and personal financial growth.