1. Electric
... only some of them, or choose a different company of their liking. Secondly, better quality of service and product as a result of the competition is another objective of deregulation. With many different companies competing for customers, the companies will not benefit from producing an inferior product or poor ... simply take their business elsewhere. Prices will also be lower, because all the companies will be trying to entice customers with the lowest rates. Competition is what made the American economy into what it is today. It is a vital component of capitalism. The freedom of choice...
- Word Count: 2067
- Approx Pages: 8
- Has Bibliography
- Grade Level: Undergraduate