Question on: JAMB Economics - 2002
The economic policy of deregulation is aimed at encouraging?
A
a monopolistic market structure
B
a duopolistic market structure
C
a competitive market structure
D
an oligopolistic market structure
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Correct Option: C
Deregulation is the removal or reduction of government regulations in a particular industry. The aim of deregulation is to increase competition, which typically leads to a more competitive market structure.
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