____________ is aimed at correcting market failures and inequities that may arise for a variety of reasons, including the case where insufficient competition exists in an industry.
A)Deregulation
B)Regulation
C)Privatization
D)None of the above

Question

Quizplus · Accepted Answer

Regulation is aimed at correcting market failures and inequities that may arise for a variety of reasons, including the case where insufficient competition exists in an industry. Deregulation, on the other hand, is the removal of regulations that were previously in place, while privatization is the transfer of ownership of a public company or entity to private ownership.

____________ Is Aimed at Correcting Market Failures and Inequities That