The FTC Now Follows the "Modified" Ignorant Consumer Standard and Protects

question 9

True/False

The FTC now follows the "modified" ignorant consumer standard and protects only those cases of foolishness that are committed by significant numbers of people.

---

Definitions:

Emissions Tax

A tax imposed on the emission of pollutants, aimed at reducing environmental harm by incentivizing companies to lower their pollution levels.

Marginal Benefit

The further enjoyment or utility obtained when one more unit of a product or service is consumed.

Pollution

The existence or entry of a harmful or toxic material or object into the environment.

Polluters

Individuals or entities that introduce pollutants or contaminants into the environment, causing pollution.