The purpose of the deregulation movement of the 1970s and 1980s was to
A) increase competition and provide incentives for firms to introduce new products
B) prevent destructive competition from driving inefficient firms out of industries
C) provide stable markets so firms could realize of economies of scale
D) provide an orderly transition as industries evolve from infancy to maturity
Correct Answer:
Verified
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Q52: The purpose of the deregulation movement of
Q53: U.S. public policy toward public utilities, such
Q54: Concerning public utilities, legislatures have traditionally allowed
Q55: When the legislature allows a public utility
Q56: _ tends to reduce the incentives for
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