Problem 13
Say which public regulation approach is likely to be more effective in providing information to consumers of pharmaceuticals. [LO 10.7] a. Requiring pharmaceutical companies to list major side effects of their medications in television advertisements. b. Requiring pharmaceutical companies to post online the full text of research results from medical testing done during the development of new drugs.
Problem 14
Say which public regulation approach is likely to be more effective in providing information to consumers of restaurant meals. [LO 10.7] a. Filing a notice at city hall when a restaurant fails a health and sanitation inspection. b. Posting a public notice on the door of a restaurant that fails a health and sanitation inspection.
