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Special Exercises
There are at least six lethal forms of E.coli that can end up in our meat or on our produce that are so virulent,they hospitalize people and even kill them.However,in the U.S.only one,E.coli 0157:H7,is officially termed an adulterant,which means any ground beef that tests positive for it cannot be sold for human consumption.There are no requirements for companies to test for the other lethal strains,and it is not illegal for them to be present in food.Match each action with what it illustrates.You may use a response once,more than once,or not at all.
-The USDA protects the meat supply,the FDA protects all the other foods.
Diminishing Marginal
A principle stating that as additional units of a variable input are added to a fixed input, the additional output produced from each new unit will eventually decline.
Indifference Curves
A graphical representation of different combinations of goods or services among which a consumer is indifferent, showing preferences and trade-offs.
Completeness
In the context of preferences, the assumption that any two bundles of goods can be compared, meaning a consumer can decide if one is preferred, the other is preferred, or they are valued equally.
Transitivity
The concept in decision theory and economics that if preference or choice A is preferred to B, and B is preferred to C, then A must be preferred to C.
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