What authority does the Consumer Product Safety Commission have regarding products?

The correct answer reflects the specific authority that the Consumer Product Safety Commission (CPSC) holds regarding products. The CPSC has the power to mandate product recalls when items pose a significant risk to consumers' safety. This includes situations where a product is found to be hazardous or has caused injuries to individuals. The CPSC's role is to protect the public from unreasonable risks of injury associated with consumer products, and this includes taking action to remove unsafe products from the marketplace.

The other options do not accurately represent the CPSC's role. The agency does not involve itself in setting pricing strategies, facilitating marketing regulations, or monitoring labor practices, which are outside its mandate. Therefore, the emphasis on product recalls is a fundamental aspect of the CPSC's function, highlighting its commitment to public safety through regulatory oversight of consumer goods.