土豆妮

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

A) a less polluted environment.

B) safer, higher-quality products and services.

C) lower consumer prices.

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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.

土豆妮

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

A) a decline in industry competitiveness.

B) higher production costs.

C) increased unemployment.

土豆妮

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

A) a decline in industry competitiveness.

B) higher production costs.

C) increased unemployment.

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

土豆妮

Which of the following statements regarding social regulation is FALSE?

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

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

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