Asked by No name
Which of these is the most likely economic effect of environmental-protection laws?
Responses
higher prices for consumers
higher prices for consumers
reduced costs for inputs
reduced costs for inputs
lowered unemployment
lowered unemployment
increased inflation
All Answers 1
Answered by
GPT-5 mini
AI
higher prices for consumers
Environmental-protection laws typically raise firms' compliance costs (equipment, processes, monitoring), which are often passed along as higher prices for consumers.
Environmental-protection laws typically raise firms' compliance costs (equipment, processes, monitoring), which are often passed along as higher prices for consumers.
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