Which of the Following Statements About Bottled Water in the United

question 105

Multiple Choice

Which of the following statements about bottled water in the United States is true?

• A)The government requires manufacturers of bottled water to follow safety standards that are more strict than the standards for tap water from public water supplies.
• B)The production of bottled water must follow regulations established by the EPA and CDC.
• C)In the United States,all bottled water must be certified as being safe and from a natural source by the FD
• D)Bottled water must be in sealed containers and have no added ingredients,except an agent that prevents the growth of microbes.

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Definitions:

Contract Curve

In economics, it refers to the locus of optimal points of allocation of resources between two parties under the constraints of their respective utility functions.

Pareto Optimal

A state of allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.

Initial Endowment

The initial quantity of goods, services, assets, or resources that an individual, institution, or economy possesses.

Pareto Optimal

A situation where resources are distributed in such a manner that it's not feasible to rearrange them to benefit someone without adversely affecting at least another individual or preference standard.