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Answer questions based on the case study "Joseph" information below.
Joseph ate the following in 1 day: egg McMuffin,coffee with cream,doughnut,Coke,hamburger,French fries,apple,phili-steak Subway sandwich.
-Joseph's diet does not meet the 2010 Dietary Guidelines recommendation for "shifting food intake patterns to a more plant-based diet."
Opportunity Cost
The price paid for missing out on the alternative that ranks second best when deciding.
Excess Capacity
Refers to a situation where a company has more production ability than is necessary for the current level of demand.
Differentiation Value
The perceived value added to a product or service that makes it stand out from competitors.
Markup Percentage
The percentage added to the cost of a product to calculate the selling price, based on desired profit.
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