1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex787 [66]
3 years ago
15

Why do government regulations lead to higher prices for consumers?

Business
1 answer:
AleksAgata [21]3 years ago
6 0
<span>Government regulations mandate production or testing requirements to ensure the quality and safety of products. This typically means specialized equipment is needed to produce the product, more employees are needed to perform quality control tests, and possibly higher quality raw materials must be used. The cost of producing the product increases with the higher quality materials, new equipment acquisition, and additional paid employee time. These added production costs are then passed on to the consumer in the final price of the product.</span>
You might be interested in
In what way does the IDP promote an integrated approach to the planning of municipal service delivery for development
allochka39001 [22]

Integrated Development Planning is primarily based on community desires and priorities. Communities have the opportunity to take part in figuring out their maximum critical needs.

<h3>What is municipal included Development Planning?</h3>

An Integrated Development Plan is a notable plan for a place that offers a normal framework for improvement.

It targets to coordinate the activities of the neighborhood and different spheres of presidency in a coherent plan to improve the quality of life for all of the human beings dwelling in a place.

Thus, the IDP system encourages all stakeholders who are living and behavior enterprises inside a municipal location to take part withinside the training and implementation of the improvement plan.

learn more about  Integrated Development Plan here:

brainly.com/question/988326

#SPJ1

4 0
2 years ago
A new manager starts his work by talking with each member of his team, getting to know their strengths and weaknesses, and helps
wel

Answer: the correct answer is coaching leadership.

Explanation:

The Coaching Leadership Style is a relatively new and guiding leadership style. The leader has these skills when he is able to develop and improve the performance and competences of his employees. The basis of the Coaching Leadership Style is the dynamic interaction between the leader and the employee.

5 0
3 years ago
The main role of banks in the nations economy is to
ahrayia [7]
Stabilize the float of economy and value
5 0
3 years ago
Read 2 more answers
How did the government help the economy?
melomori [17]
The government helped the economy by preventing monopolies that way small independent buissness could survive.
5 0
3 years ago
If D0 = $2.00, g (which is constant) = 6%, and P0 = $40, what is the stock's expected dividend yield for the coming year?
Ne4ueva [31]
666, but to be honest I don’t understand what you are trying to say but yup
5 0
3 years ago
Other questions:
  • Carrie works at a canned food production factory. The government wanted to give a boost to the salt industry, so it lined up num
    10·1 answer
  • A company that manufactures a device that is heavily regulated by the government and has to undergo a rigorous pre-market approv
    9·1 answer
  • Consumers create a demand for something by
    5·1 answer
  • • A student planning a career in business management wondered why it was important to learn cost and management accounting. How
    11·1 answer
  • Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $43,
    8·1 answer
  • Suppose that in Problem 13 a Type 2 service objective of 95 percent is substituted for the stock-out cost of$ 12.80. Find the re
    13·1 answer
  • 2. At a consumer optimum, for all goods purchased, marginal utility per dollar spent is equalized. A high school student is deci
    8·1 answer
  • Students for a Democratic Society (SDS) was an activist organization in the 1960s that protested the Vietnam War, racial injusti
    12·2 answers
  • 1. Dominic Joseph deposits $5,000 in a new savings account at his local bank. The account pays 5.5 percent interest compounded a
    11·1 answer
  • A good marketing plan helps managers make strategic planning decisions and provides a framework for effective implementation and
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!