What Is the Oldest Society in the Field of Food

question 2

Multiple Choice

What is the oldest society in the field of food and nutrition?

• A) American Chemical Society
• B) American Association for the Advancement of Science
• C) American Association of Family & Consumer Sciences
• D) Institute of Food Technologists

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Definitions:

Average Fixed Cost

The set expenses associated with production (not influenced by production scale) distributed over the number of items produced.

Marginal Cost

The increase in total production costs resulting from producing one additional unit of a product or service.

Variable Cost

Charges that adjust according to the volume of goods produced or services provided.

Output

The total quantity of goods or services produced by a firm or industry during a specific period.