4 years ago

Why do government regulations lead to higher prices for consumers?

Law

1 answer:

Lerok [7]4 years ago

6 0

Answer:

The answer is B. Producers pass along the costs of compliance

Explanation:

Regulations originate from governing bodies. Companies spend capital to bring their products into compliance. These costs must be added to the cost of the product to continue making a profit. Therefore, consumers end up paying the cost of regulations applied to goods and services.

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