The Cost of Complying with Regulation

question 89

Multiple Choice

The cost of complying with regulation

• A) shifts the ATC curve upward.
• B) shifts the MC curve downward.
• C) shifts the demand curve to the right.
• D) increases the products' price elasticity of demand.

---

Definitions:

Cost And Benefits

An analysis technique used to evaluate the overall gains and expenses associated with a particular action or decision.

Secondary Effects

Unintended consequences or outcomes that occur as a result of a primary action, often overlooked in initial planning or analysis.

Property Rights

are the legal rights to possess, use, and dispose of assets, including real property and intellectual property.

Polluters

Entities, typically businesses or individuals, that introduce contaminants or pollution into the environment.