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Jamie Is a Manager in an Industry That Has a Few

Question 49

Multiple Choice

Jamie is a manager in an industry that has a few large players and that has remained relatively stable over the past few years. He finds out that legislators are proposing new laws to deregulate the industry. If the laws pass, which of these scenarios will Jamie most likely face?


A) many new competitors
B) technological innovation
C) the end of globalization
D) across-the-board price increases

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