A large telephone company has hired lobbyists to try to persuade lawmakers to reduce governmental regulation over the telecommunications industry. Why might the company do this?

a. Some regulations are costly to implement and cut into profits.

b. Many regulations promote too much competition, driving down prices.

c. Certain regulations result in rapid 4 growth, which some companies find difficult to handle.

d. All of the above

Question

Business

Guest

4 May, 01:58

A large telephone company has hired lobbyists to try to persuade lawmakers to reduce governmental regulation over the telecommunications industry. Why might the company do this?

a. Some regulations are costly to implement and cut into profits.

b. Many regulations promote too much competition, driving down prices.

c. Certain regulations result in rapid 4 growth, which some companies find difficult to handle.

d. All of the above

+1

Answers (2)

Know the Answer?

Keyon Underwood · Answer 1

If a large telephone company has hired lobbyists to try to persuade lawmakers to reduce governmental regulation over the telecommunications industry, the company might do this because some regulations are costly to implement and cut into profits.

Kendrick Garcia · Answer 2

I believe the answer is: A. some regulations are costly to implement and cut into profits.

For example, government regulates the amount of distance between electric cables and residential area that telecommunication companies must follow.

This increase the total cost of their operation and reduce the amount of profit that the companies can get from it.