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Why consumer-protection regulations result in higher prices paid by consumers?
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One drawback to consumers protection regulations is that they lead to what?
higher prices
What is done with the costs of complying with the consumer protection regulations?
Government regulations are needed but they add to the costs of complying with the regulations. Most often this results in a higher price for consumers. But that is not always the case. Companies benefit all around by cutting the costs of production with new technologies. These cost savings can at times offset the cost of regulations.
What is done with the cost of complying with costumer protection regulations?
eventually passed on to consumers in the form of higher prices
Who bears most of the burden of government regulations?
Much of the burden of government regulation has ultimately been borne by [business] consumers in the form of higher prices.
What is the effect of environmental protection?
higher prices for consumers
Match each type of restriction with one of its effects (apex)?
trade restrictions is to higher prices for consumers. -labor laws is to regulation of union activities banking regulations is to stability for the economy
What effect can consumers behavior have on you?
You will pay higher prices on goods and services.
Atach each type of restriction with one of its effects?
Trade restrictions mean higher prices for consumers. Labor laws regulate union activities. Banking regulations help provide stability for the economy.
What is one drawback to consumer-protection regulations?
Higher costs for production, leading to higher consumer prices.
What other actions by consumers can result in higher prices for the things you buy?
Gf
How have some government regulators affected consumers?
Regulations can affect the varieties and qualities of foods available for purchase, the prices consumers face, the information consumers receive about a product, and consumer confidence in the food supply.
What is one benefit of consumer protection regulations (Apex)?
Higher prices charge by producers
