Regulations for the purpose of environmental protection generally increase short-term production costs.

Question

Quizplus · Accepted Answer

Regulations for environmental protection often require companies to implement new technologies and practices, which can increase the cost of production in the short term. However, in the long term, these regulations can also lead to cost savings and improved efficiency. Additionally, the benefits of environmental protection, such as improved public health and ecosystem preservation, can outweigh the initial costs.

Regulations for the Purpose of Environmental Protection Generally Increase Short-Term