De-regulation is where the government ?
Correct answer: C. removes barriers to entry and minimum product quality standards
- A. removes barriers to entry
- B. imposes higher standards of conduct
- C. removes barriers to entry and minimum product quality standards
- D. breaks up private sector monopolies.
Explanation
Deregulation means removing government-imposed restrictions, especially barriers to entry and mandatory operating or product standards. It does not necessarily require breaking up every private monopoly.
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