Discuss the impacts this law had on the market for meat

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In December 1992, the federal government began requiring that all foods display information about fat content and other ingredients on food packages. The displays had to be verified by independent laboratories. The price of an evaluation of a food product could run as much as $20,000. Identify and discuss the impacts this law had on the market for meat (both supply and demand).

Reference no: EM13898300

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