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Which of the following statements supports deregulation of industries ?

A. Technological change has made it possible for many industries to become more competitive

B. Because few real natural monopolies exist, there is rarely a reason for government regulation.

C. Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial

D. All of the above

Related Questions on Supply-Side Policies & Sources of Comparative Advantage Mcqs

Privatization is the transfer of ?

A. publicly held stock to private individuals

B. corporately owned businesses to individuals

C. government businesses to the private sector.

D. privately owned businesses to the government sector