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Business, 30.09.2019 22:20 blan69

What effect does government regulation have on businesses? it increases the cost of production for businesses in the long term, but it does not impact them in the short term. it gives businesses economic freedom so that they are able to make greater profits and employ more people. it decreases production costs for businesses in exchange for them agreeing to lower their prices to consumers. it takes away some economic freedom from businesses to ensure economic freedom for consumers.

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