Which Terms or Definitions About Regulation Are True

Multiple Choice

Which terms or definitions about regulation are true?

A) Deregulation is the significant reduction in the regulation covering an industry.
B) Cross-regulation occurs when one group of customers pays less than the cost and others pay more to offset that loss.
C) Cost-of-service regulation occurs when prices are regulated based on costs that are passed on to customers, which reduces the incentive to keep costs down.
D) Privatization is government allowing business to perform functions and services for it.
E) The Reason Foundation advances a free society by developing, applying, and promoting conservative principles largely held by the Republican party.