Question

Deregulation of industries leads to intensified competition and higher value at lower prices for consumers. This is an example of ______ factors influencing business.

Multiple choice question.
socio-cultural
legal
economic
technological

Answer 1

Deregulation of industries leads to intensified competition and higher value at lower prices for consumers.

Step-by-step explanation:

Deregulation of industries, such as airlines, leads to intensified competition and higher value at lower prices for consumers. This is an example of economic factors influencing business.