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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.
Businesses face ______ because they must alter existing infrastructure to meet regulations. As a result, consumers pay ______ for produced goods.
Expert's answer
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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