in a competitive market, a furniture company decides to use cheaper materials to decrease production costs…

in a competitive market, a furniture company decides to use cheaper materials to decrease production costs and pass on the savings. this is an example of\nfollowing a federal regulation.\nlowering prices for customers.\nreducing the risk for consumers.\ncreating a new or better product.
Answer
Brief Explanations:
The company reduces costs by using cheaper materials and passes on savings, which likely means lowering prices for customers. It's not about following federal regulation, reducing consumer risk, or creating a new/better product.
Answer:
lowering prices for customers.