The gap between long-distance telephone rates and local telephone rates widened after long-distance service was deregulated.

Question

Quizplus · Accepted Answer

Long-distance service was previously regulated by the government and had set rates. Deregulation allowed for competition and potentially lower rates, but in some cases, it also led to higher prices. As a result, the gap between long-distance rates and local rates widened.

The Gap Between Long-Distance Telephone Rates and Local Telephone Rates