Question

As a result of deregulation in a variety of industries, competition has slowed.

A) True
B) False

Answer 1

The statement is false. Deregulation in various industries has actually led to an increase in competition.

Step-by-step explanation:

The statement is false.

Deregulation in various industries has actually led to an increase in competition. Deregulation removes government restrictions on entry, prices, and quantities in industries, allowing more firms to enter the market and compete for customers. This increased competition can lead to improvements in product quality, lower prices, and greater consumer choice.