Question

What does complying with consumer-protection regulations do?

A. Pushes investors away from the commodity market
B. Leads to reduced wages and increased cases
C. Requires a regressive system of taxation
D. Increases production costs and raises prices

Answer 1

Complying with consumer-protection regulations increases production costs and raises prices to ensure fair and safe practices, protect consumer rights, and safeguard their interests.

Step-by-step explanation:

Complying with consumer-protection regulations does not push investors away from the commodity market, lead to reduced wages and increased cases, or require a regressive system of taxation. Instead, it increases production costs and raises prices. Consumer protection regulations are put in place to ensure that businesses do not engage in unfair or deceptive practices, and to safeguard the rights and interests of consumers. These regulations may require businesses to invest in safety measures, provide accurate information about their products or services, or offer fair terms and conditions.