Solved

An Example of the Opportunity Costs Involved with Social Regulation

Question 44

Multiple Choice

An example of the opportunity costs involved with social regulation would be:


A) the monetary costs of hiring administrative assistants to fill out OSHA safety reports.
B) the environmental costs of pollution control required under the Clean Air Act.
C) the monetary costs of laboratory trials required to try out a new drug.
D) the lives that are lost because new drugs are not introduced quickly enough.
E) the monetary cost of manufacturing a life saving drug.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions