What are the potential risks of deregulation?
A) Governmental exploitation - that is, a reduction in quality of services provided, increases in taxes, or regulation increases to govern the industry's operation
B) Business exploitation - that is, a reduction in quality of products provided, increases prices of manufacturing as a result of the reduction in laws governing the business' operations
C) Non profit exploitation - that is, a reduction in quality of donations being provided, decrease in quality of care provided as a result of the reduction in laws governing the industry's operation
D) Consumer exploitation - that is, a reduction in quality of the products or services being offered, increases in consumer fees, or price increases as a result of the reduction in laws governing the industry's operation
Correct Answer:
Verified
Q20: Government involvement is necessary due to this
Q21: _is an example of a Crown Corporation.
A)LCBO
B)Canadian
Q22: What are the potential benefits of deregulation?
A)Increased
Q23: What is the Competition Bureau?
A)An independent law
Q24: _ is aimed at correcting market failures
Q25: Corporate welfare is
A)A support mechanism offered by
Q26: Divesting of government involvement in the operation,
Q27: "Corporate Welfare should not be a public
Q28: What are some of the basic assumptions
Q29: Perfect Competition is
A)A mixed market economy that
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