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Please use the information below to answer the following question(s) :
Consider the following marketing message for a new breakfast cereal, "Essentials" manufactured by Total Foods, which claims to help consumers rapidly lose weight when used as part of a particular diet plan.
Do you want to get in shape before summer without starving yourself and without giving up your favorite foods? The "Essentials" cereal diet from Total Foods will help you do just that.
All you need to do to lose those pounds is to have one bowl of "Essentials" whole-grains cereal with a small bowl of fruit for dinner on alternate days for two weeks. "Essentials" is a low-fat, sugar-free wheat cereal that is fortified with 8 essential vitamins and minerals to meet all your nutritional requirements. Kendra Jones, a mother of three from Newfoundland, lost 4 pounds and dropped a dress size after 10 days on the "Essentials" diet. "I lost weight on the "Essentials" diet without feeling tired and hungry. I now fit into the jeans I wore in college!" Kendra says. This diet is guaranteed to work!
To get a personalized diet plan and free coupons, visit us at http://totalfoods/essentials/diet_plan.com.
-Which of the following information,if true,would make Total Foods vulnerable to being penalized by the Office of Consumer Affairs?
Long-Run Supply Function
A representation of the relationship between the price of a good and the quantity supplied over a period where all factors of production are variable.
Long-Run Cost Function
An economic concept reflecting the total cost of production where all inputs can be fully adjusted to minimize costs.
Positive Output
The result of production processes or economic activities that yield a beneficial or productive outcome.
Production Function
An equation or formula that describes the relationship between inputs (like labor and capital) and the output of goods or services.
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