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How do government regulations that protect consumers most often impact businesses?
A.  They can increase a business's expenses.
B.  Product development can be less expensive.
C.  They allow businesses to avoid correcting problems.
D.  Businesses are able to carry less insurance.
in Financial Literacy by Gold Status (10.9k points) | 5 views

1 Answer

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A They can increase a business's expenses.

Government regulations often increase a business's expenses. These added expenses may result from efforts to comply with the law and to produce safe products. Or they may result from failing to comply with the law and producing unsafe products. Product development can become more expensive because of government regulations. Because of government regulations, businesses often have to spend time and money to correct problems. Businesses must often carry more insurance to protect themselves
by Gold Status (10.9k points)

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