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Svet_ta [14]
3 years ago
9

In which area did government deregulation benefit both businesses and consumers (points 3)

Business
1 answer:
stiv31 [10]3 years ago
4 0
For businesses, deregulation can be a benefit since there is no price ceiling. It means that they can adjust product prices with justification and the state wouldn't have much control because of it. A monopolized system of production can get favorable advantages in this situation.
  
On the other hand, dropped of prices can also happen in a deregulated scheme which would benefit the consumer. As long as there are reasonable and sufficient evidence that would allow it. 
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