Who ultimately pays for compliance with government regulations?
Question 8b of 10 - Consumer protection regulations
- Maximum Attempts: 1
- Question Type: Multiple Choice
- Maximum Score: 2
- Question: Who ultimately pays for compliance with government regulations?
- the government
The correct answer is: consumers. Complying with consumer-protection regulations costs producers money, which increases production costs that are eventually passed along to consumers in the form of higher prices.
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