What is not an effect of deregulation in the airline and trucking industries?
A)Lower prices of many services
B)Increased entry of new firms into deregulated industries
C)Lower income to unions working in deregulated industries
D)Improvements in the quality of services

Question

Quizplus · Accepted Answer

Deregulation typically leads to increased competition and lower prices, but it does not necessarily lead to improvements in the quality of services. In fact, it can sometimes lead to a decrease in quality as companies cut costs to remain competitive.

What Is Not an Effect of Deregulation in the Airline