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Consumer-protection regulations are beneficial because they lead to what?
A decrease in injuries and death
International trade is beneficial because it?
Results in lower prices
Protectionism would be beneficial to a country Why or why not and explain your answer?
Protectionism is beneficial to a country because it protects a country's resources. It allows a country's resources to be used only for the benefit of the country's people.
If sales increase will profits always increase?
Sales might increase because prices dropped. They might increase because more expensive salesmen were hired. They might increase because the neighborhood improved in value, however, taxes will go up or rent will go up. Thus, just because sales increase does not mean profits always increase.
Why is technology beneficial to economics?
My opinion is that it also is beneficial in economics because you can do it from home and gets a much broader range of answers because people from all over the world can answer. Also because you can get answers on your work if you're stuck. Technology is beneficial in economics, because it brings with the ability to be more efficient.
