Question

Which of the following can result from overly burdensome regulations on markets? Guaranteed availability of the regulated good or service. Stimulation of private enterprise within the regulated industry. Underground economies that operate outside of the law. Lower cost of production of the regulated good or service.

Answer 1

Answer:

Guaranteed availability of the regulated good or service

Explanation:

In case of free markets the market adjusts itself based on the laws of demand and supply. IN case of imposing regulations of guaranteed availability it imposes restrictions on firms to make available the good even if its loss making.