Which of the following is a result of regulations set up by the Food and Drug Administration and the Consumer Product Safety Commission?
A)The time between new product ideas and their introduction to the market has decreased.
B)Companies are more focused on making practical,affordable versions of products.
C)More companies have failed to meet safety standards.
D)Research costs for companies have grown.
E)Spending on research and development has decreased.

Question

Quizplus · Accepted Answer

Regulations by the FDA and CPSC often require more rigorous testing and compliance, leading to increased research costs for companies to ensure their products meet safety standards.

Which of the Following Is a Result of Regulations Set