To properly protect consumers, _____. a. tests of a product can safely assume that the product will be used in just the way that the manufacturer intends it to be used. b. if a product poses a potential, serious threat, a company may need to take extraordinary measures to ensure continued safe use of it. c. only new products, not established products, need to be tested. d. accidents occur exclusively as a result of product misuse.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter8: Market Failure
Section: Chapter Questions
Problem 10P
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To properly protect consumers, _____.

a. tests of a product can safely assume that the product will be used in just the way that the manufacturer intends it to be used.

b. if a product poses a potential, serious threat, a company may need to take extraordinary measures to ensure continued safe use of it.

c. only new products, not established products, need to be tested.

d. accidents occur exclusively as a result of product misuse.

 

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