Q1. All of the following are benefits associated with social regulation EXCEPT:

A)   a less polluted environment.

B)   lower consumer prices.

C)   safer, higher-quality products and services.

Q2. All of the following are negative consequences associated with social regulation EXCEPT:

A)   increased unemployment.

B)   a decline in industry competitiveness.

C)   higher production costs.

Q3. Which of the following statements regarding social regulation is FALSE?

A)   The benefits of social regulation are easily recognized and can be accurately quantified.

B)   Some form of social regulation currently exists in all industries in the United States.

C)   Two of the primary goals of social regulation are increased product quality and improved workplace conditions.

答案和详解如下：

Q1. All of the following are benefits associated with social regulation EXCEPT:

A)   a less polluted environment.

B)   lower consumer prices.

C)   safer, higher-quality products and services.

Correct answer is B)         

Increased regulation tends to causes consumer prices to rise, because producers will generally pass any expenses associated with compliance on to consumers in the form of higher prices.

Q2. All of the following are negative consequences associated with social regulation EXCEPT:

A)   increased unemployment.

B)   a decline in industry competitiveness.

C)   higher production costs.

Correct answer is A)

While some aspects of social regulation may increase a company’s expense per worker, increased unemployment is generally not associated with social regulation.

Q3. Which of the following statements regarding social regulation is FALSE?

A)   The benefits of social regulation are easily recognized and can be accurately quantified.

B)   Some form of social regulation currently exists in all industries in the United States.

C)   Two of the primary goals of social regulation are increased product quality and improved workplace conditions.

Correct answer is A)

It is difficult to measure the benefits of social regulation because they may be qualitative rather than quantitative in nature, and the benefits may be spread out over time.