Examlex
Suppose a gardener produces both green beans and corn in her garden.If she must give up 14 bushels of corn to get 5 bushels of green beans,then her opportunity cost of 1 bushel of green beans is
Consumer Product Safety Commission
A U.S. federal agency responsible for the regulation of the sale and manufacture of consumer products to ensure they do not pose a risk of injury or harm to the public.
Product Safety Standards
Regulations established to ensure that products meet minimal safety criteria to protect consumers.
Equal Credit Opportunity Act
A United States law that makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age.
Extension Of Credit
An agreement to allow a purchaser to pay for goods or services at a future date, typically involving interest fees.
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