Answer to Question #68394 in Economics of Enterprise for Fani Garcia

Question #68394
When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consumers.

Businesses face ______ because they must alter existing infrastructure to meet regulations. As a result, consumers pay ______ for produced goods.
1
Expert's answer
2017-05-22T12:03:11-0400
Businesses face expenses because they must alter existing infrastructure to meet regulations. As a result, consumers pay taxes for produced goods.

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