The dilemma of deregulation is
A)to enhance competition within the industry without harming workers' status.
B)to enhance competition within the industry without sacrificing applicable social regulations.
C)to prevent monopolies without allowing hypercompetition.
D)to provide business more freedom without completely abandoning goverrnnental authority.

Question

Quizplus · Accepted Answer

Deregulation aims to enhance competition within the industry, but it must be done cautiously to avoid harming society and workers. Thus, the best choice is B, which highlights the importance of promoting competition without sacrificing social regulations that protect the welfare of the society. Choice A only focuses on the workers' status, while the dilemma of deregulation is not limited to workers. Choice C only concerns monopolies and hypercompetition. Choice D is too broad to encompass the fundamental dilemma of deregulation, as it involves more than mere balance between freedom and governmental authority.

The Dilemma of Deregulation Is