Which of These Are Unfair Trade Practices That the FTC

question 13

Multiple Choice

Which of these are unfair trade practices that the FTC is likely to challenge?

• A) failing to substantiate material representations in advertisements before publishing them or putting them on the air,
• B) making a direct comparison (even if true) about your product's qualities versus a competitor's product.
• C) taking unconscionable advantage of certain consumers or exploiting their service offering.
• D) a and c
• E) a, b, and c

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Definitions:

Efficiently

Performing or functioning in the best possible manner with the least waste of time and effort.

Production Possibilities Curve

A graphical representation showing the maximum quantity of goods and services that can be produced within a given set of resources and technology.

Efficiently

Achieving maximum productivity with minimum wasted effort or expense.

Economy's Capacity

The maximum level of output that an economy can sustain over a period of time without increasing inflation.