Legal changes and profit Margins

• How can legal changes create opportunities for businesses?

  They can lead to higher profit margins.
• What effect do tariffs or quotas have on domestic businesses?

  They make domestic businesses more competitive.
• How did tariffs affect American businesses under Mr. Trump?

  They helped American businesses become more competitive.
• What is competition policy aimed at?

  It targets monopolies within the market.
• How can competition policy affect smaller businesses?

  It can make them more competitive in the market.
• How can legal changes lead to lower profit margins for businesses?

  • Increase in costs due to regulations
  • Reduced revenue from inability to compete
• What is one potential cost increase due to legal changes?

  Additional regulation compliance costs.
• How might regulations affect product safety?

  They may require businesses to make products safer.
• What could happen if a business cannot compete in a particular market?

  It may experience reduced revenue and profit margins.
• What is the overall impact of legal changes on profit margins?

  They can lead to either higher or lower profit margins.