If Oranges Were Found to Cure Cancer

question 94

Multiple Choice

If oranges were found to cure cancer,

• A) the equilibrium price of apples would likely fall.
• B) the equilibrium price of oranges would likely increase in the near term.
• C) the equilibrium quantity of oranges would likely increase.
• D) All of the above.

Comprehend the judicial rationale behind requiring warnings in direct-to-consumer advertising.

Understand the role of the Food and Drug Administration (FDA) in regulating food advertisements and how this integrates with the Lanham Act.

Analyze the impact of advertising creativity and ethical considerations in the advertising industry.

Explore the boundaries of free speech protections for commercial speech.