Which of the Following Statements Is True

question 50

Multiple Choice

Which of the following statements is true?

• A) In the United States, people rarely suffer from food-borne illnesses.
• B) An undercooked hamburger patty is the most likely source of giardia.
• C) The U.S. Environmental Protection Agency is responsible for inspecting local restaurants and grocery stores to ensure they meet food safety standards.
• D) A food's odor or appearance is not a reliable indicator of whether it's safe to eat.

---

Definitions:

Third Party

An individual or group besides the two primarily involved in a transaction or legal matter, sometimes involved as an intermediary or independent party.

Transaction

An exchange or transfer of goods, services, or funds between two or more parties.

Deadweight Losses

Efficiency losses in an economy occurring when total societal welfare is not maximized, typically as a result of market distortions like taxes or subsidies.

Competitive Equilibrium

A state in a market where demand equals supply, meaning that there's no excess supply or demand at the current price.