Deregulation of an industry will always lead to an improvement in economic efficiency.

Name: Deregulation of an industry will always lead to an improvement in economic efficiency.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Deregulation can lead to increased competition and efficiency in some cases, but its effects vary depending on the industry, market conditions, and how deregulation is implemented. It can also sometimes lead to negative outcomes like reduced service quality, market monopolization, or other inefficiencies.

Deregulation of an Industry Will Always Lead to an Improvement