u. ncense. 4. The federal agency that monitors product safety for items such as cosmetics, food items, and suntan lotions is the a. Federal Trade Commission. Food and Drug Administration. C. American Bar Association. a Consumer Product Safety Commission. 5 The law that notablinha b.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter1: Ten Principles Of Economics
Section: Chapter Questions
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4. The federal agency that monitors product safety for items such as cosmetics, food items, and suntan lotions is
the
a.
Federal Trade Commission.
b.
Food and Drug Administration.
American Bar Association.
C.
d.
Consumer Product Safety Commission.
5. The law that established a minimum wage and maximum working hours is the
a.
Clayton Act.
b. Fair Packaging and Labeling Act.
CFair Labor Standards Act.
d. Occupational Safety and Health Act.
6. A warranty that assures the buyer that the product purchased is of at least average quality and fit for the
purpose for which it was intended is a(n)
a.
extended warranty.
c. warranty of merchantability.
creditor warranty.
d.
buyer's warranty.
b.
Transcribed Image Text:4. The federal agency that monitors product safety for items such as cosmetics, food items, and suntan lotions is the a. Federal Trade Commission. b. Food and Drug Administration. American Bar Association. C. d. Consumer Product Safety Commission. 5. The law that established a minimum wage and maximum working hours is the a. Clayton Act. b. Fair Packaging and Labeling Act. CFair Labor Standards Act. d. Occupational Safety and Health Act. 6. A warranty that assures the buyer that the product purchased is of at least average quality and fit for the purpose for which it was intended is a(n) a. extended warranty. c. warranty of merchantability. creditor warranty. d. buyer's warranty. b.
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