Final answer:
Consumer-protection regulations lead to lower prices, increased competition, and equitable wealth distribution.
Step-by-step explanation:
Consumer-protection regulations are beneficial because they lead to lower prices for consumers, increased international competition, and an equitable distribution of wealth. By implementing regulations that promote fair business practices and prevent monopolies, consumers are able to access goods and services at competitive prices. This fosters healthy competition among businesses and encourages innovation, ultimately leading to lower prices for consumers. Furthermore, consumer-protection regulations help ensure that wealth is distributed more equitably, creating a more balanced and fair society.
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