The costs of government regulation are paid for by

Question

Quizplus · Accepted Answer

Government regulation can impose costs on businesses, such as compliance and administrative costs. These costs can then be passed on to consumers in the form of higher prices. In addition, regulation can require businesses to change their production processes or hire additional workers, which can also affect employees and workers. Therefore, all of the choices (businesses, workers and employees, and consumers) may end up paying for the costs of government regulation.

The Costs of Government Regulation Are Paid for by