Overall, economists believe that deregulation of industries formerly subjected to industrial regulation

A) has been a clear failure.
B) is neutral in its impact on society's well-being, creating minimal net benefits at best.
C) has produced large net benefits for consumers and society.
D) has produced sizable efficiency gains in the communications industry, but not in the transportation industry (railways, trucking, airlines) .

Question

Nor Effendi Othman · Accepted Answer

Final Answer : C, Explanation :  Deregulation has generally been seen as producing large net benefits for consumers and society by increasing competition and efficiency, leading to lower prices and better service quality in various industries.

Definitions

Learning Objectives

Learning Objectives

Related questions