What will pollution regulations do?

Question

Quizplus · Accepted Answer

Pollution regulations impose a tradeoff on society because they may lead to higher costs for firms, which could potentially lead to higher prices for consumers or lower wages for workers. However, they also help to address environmental problems and protect public health, which benefits society as a whole in the long run. Pollution regulations do not typically increase profit for firms or lower prices for consumers, and they may or may not allow firms to raise workers' wages depending on the specific situation.

What Will Pollution Regulations Do