When You Drill Down into Canada's Food Guide, Which Recommendation

question 22

Multiple Choice

When you drill down into Canada's Food Guide, which recommendation is made regarding fats and oils?

• A)Include 45-60 mL added fat in the diet daily.
• B)Limit consumption of butter, lard, and shortening.
• C)Choose hard margarines over soft margarines.
• D)Use vegetable oils such as coconut and palm kernel.

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Definitions:

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the benefit to consumers from participating in the market.

Utility

Utility refers to the total satisfaction received from consuming a good or service.

Diminishing Utility

The principle that as consumption of a good or service increases, the marginal utility derived from each additional unit decreases.

Marginal Utility

The additional satisfaction or benefit obtained from consuming one more unit of a good or service.