Answered

If ball bearing producers support a proposed regulation of their industry, then it is likely that:

A. the prices of ball bearings will decrease under the regulation.
B. the profits of firms in the ball-bearing industry will decrease after the regulation.
C. ball bearing producers will promote the interests of the public.
D. ball bearing producers will not attempt to influence the adoption of the regulation.
E. consumers of ball bearings will suffer from the proposed regulation.



Answer :

GinnyAnswer

Final answer:

When ball bearings producers support a proposed regulation, it signifies a potential alignment with public interests, though not guaranteeing a decrease in prices as other factors play a role.


Explanation:

If ball bearings producers support a proposed regulation of their industry, it indicates that they see some benefit or necessity in the regulation.

Generally, when producers support a regulation, it could mean that ball bearings producers will promote the interests of the public by ensuring quality standards, safety measures, or fair competition in the industry.

However, it does not necessarily imply that the prices of ball bearings will decrease under the regulation as other factors like production costs, market demand, and competition also influence pricing.


Learn more about Impact of producers supporting a proposed regulation in the ball bearings industry here:

https://brainly.com/question/29839390


Other Questions