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The Term _____ Refers to Practices, Policies, and Provisions to Ensure

question 18

Multiple Choice

The term _____ refers to practices, policies, and provisions to ensure that people have access to sufficient, safe, and nutritious foods for an active and healthy life.


Definitions:

Overhead Expenses

The ongoing expenses associated with running a business that are not directly tied to the production of goods or services.

Mark-up

An extra charge applied to the base cost of products to accommodate for overheads and earnings, culminating in the final asking price.

Selling Price

The amount of money for which an item or service is sold to the buyer.

Operating Expenses

Operating expenses are the costs associated with running a business's core operations on a daily basis, including rent, utilities, and payroll.

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