Which of the following is an impact of government regulations on marketers?
A)It drastically lessens the opportunity for marketers to sell more of their products.
B)It creates an uneven playing field for competition.
C)It contributes to the creation of legal irregularities in the market.
D)It increases the cost of compliance.
E)It promotes inflationary tendencies.

Question

Quizplus · Accepted Answer

Government regulations often require businesses to comply with certain standards or rules, which can increase the cost of doing business. Marketers may need to invest in additional resources, such as staff or technology, to meet these requirements. This can lead to higher costs for the business and potentially higher prices for consumers.

Which of the Following Is an Impact of Government Regulations