Business, 06.06.2020 17:57 dkckdkcekkxgmaipcom

If occupational safety laws were changed so that firms no longer had to take expensive steps to meet regulatory requirements, we would expect that a. the demand for products in this industry would increase. b. the market price of products in this industry would decrease in the short run but not in the long run. c. the firms in the industry would make a long-run economic profit. d. competition would force producers to pass the lower production costs on to consumers in the long run.

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If occupational safety laws were changed so that firms no longer had to take expensive steps to meet...