Deregulation occurs when a government eliminates or scales back rules relating to all but one of the following. Which one is it?
A. prices that can be charged
B. natural monopoly
C. conditions of entry in a certain industry
D. quantities that can be produced
Answer:B
Deregulation occurs when a government eliminates or scales back rules relating to all but one of the following. Which one is it?
A. prices that can be charged B. natural monopoly C. conditions of entry in a certain industry D. quantities that can be produced
Explanation: 4. Government ______________ regulations specify that inventors will maintain exclusive legal rights to their respective inventions for ______________ .