WAEC Commerce 2025 Objective — Question 42
Question 42 of 51 from the West African Examinations Council (WAEC) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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An advantage of deregulation is that it
- A. reduces competition among businesses
- B. reduces restrictions in businessCorrect
- C. increases access to funds
- D. increases access to basic goods
Explanation
When a market is deregulated, restrictions that exist in business decisions are reduced.
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