Government deregulation of an industry is most likely to result in which of the following?
A) lower costs for the industry
B) a more competitive business environment
C) changes in societal values
D) higher prices for consumers
E) lower profits for companies

Question

Quizplus · Accepted Answer

Deregulation typically reduces barriers to entry, leading to increased competition within the industry.

Government Deregulation of an Industry Is Most Likely to Result