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Only answer if you are 100% sure 31. If occupational safety laws werechanged so

ID: 1230587 • Letter: O

Question

Only answer if you are 100% sure 31.   If occupational safety laws werechanged so that firms no longer had to take expensive steps to meetregulatory requirements, we would expect A.   the demand for the products of thisindustry to increase. B.   the market price of the products ofthis industry to decrease in the short run but not in the longrun. C.   the firms in the industry to makelong-run economic profit. D.   competition to force producers to passthe lower production costs on to consumers in the long run. Only answer if you are 100% sure 31.   If occupational safety laws werechanged so that firms no longer had to take expensive steps to meetregulatory requirements, we would expect A.   the demand for the products of thisindustry to increase. B.   the market price of the products ofthis industry to decrease in the short run but not in the longrun. C.   the firms in the industry to makelong-run economic profit. D.   competition to force producers to passthe lower production costs on to consumers in the long run. 31.   If occupational safety laws werechanged so that firms no longer had to take expensive steps to meetregulatory requirements, we would expect

Explanation / Answer

I would take some time but :
D)competition to force producers to pass thelower production costs on to consumers in the long run