A Nutrient Claim Is

question 41

Multiple Choice

A nutrient claim is

• A)a declaration on food packages to indicate a possibly beneficial nutrient.
• B)not federally regulated.
• C)more specific information about what the food product contains.
• D)a statement on the label about how that nutrient may affect the human body's structure.
• E)All of the abovE.

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, typically resulting in lower per-unit costs with increased production.

Average Cost Curve

The average cost curve is a graphical representation showing how the average cost per unit of output varies with the level of output, typically U-shaped due to economies and diseconomies of scale.

Economies of Scale

Cost benefits that companies achieve because of their large scale of operations, generally resulting in a lower cost per output unit as the scale increases.

Per-Unit Costs

The average cost for each individual unit of product produced, taking into account all fixed and variable expenses.