NABTEB Commerce 2022 Objective — Question 41

Question 41 of 50 from the National Business and Technical Examinations Board (NABTEB) Commerce 2022 Objective paper, with the correct answer and a full explanation.

The act of removing government laws and allowing market forces to determine prices is

A. Communication
B. deregulationCorrect
C. divestiture
D. privatization

Explanation

Deregulation removes government regulations, allowing market forces (demand and supply) to determine prices.

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