Question:
Which of the following is a negative effect of government regulation on businesses?
a. The use of resources is regulated.
See Also
Most Americans are opposed to fast fashion and think it is going out of style - digitalhub USAccount SuspendedFast Fashion: Why governments need to take action - Earth DayFast Fashion: Changes in the Fashion Industryb. Unfair trade practices are prohibited.
c. Additional expenses and inefficiency are experienced.
d. Patents, trademarks, and copyright protection are provided.
Business Operations:
Business operations in any business are dependent upon some factors. These factors include socioeconomic factors, including government interference as a major concerning factor for the successful operation of a business.
Answer and Explanation:
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The correct answer is c) Additional expenses and inefficiency are experienced.
Government regulation has several advantages but some attached...
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