Which of the following is an argument in favor of government regulation? A. It protects workers from unsafe working environments. B. It stifles competition and results in higher prices for products. C. It results in bigger government, which raises government spending. D. It is costly to implement and thereby cuts into profits.

Question

Dario Mendez

Business

30 January, 09:46

Which of the following is an argument in favor of government regulation? A. It protects workers from unsafe working environments. B. It stifles competition and results in higher prices for products. C. It results in bigger government, which raises government spending. D. It is costly to implement and thereby cuts into profits.

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Answers (2)

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Kareem Brennan · Answer 1

It protects workers from unsafe working environments.

Sable · Answer 2

Which of the following is an argument in favor of government regulation? A. It protects workers from unsafe working environments.

The government regulates working conditions to make sure each work environment is safe for the workers. If the work environment is not safe for the workers, the government will step in and let the business know what needs to be changed so that they are in compliance with regulations. Failure to make sure that regulations are followed could be resulted in forced closure.