What Are the Four Key Concepts of the USDA's MyPyramid

question 17

Multiple Choice

What are the four key concepts of the USDA's MyPyramid plan? (Select all that apply.)

• A) Variety
• B) Activity
• C) Proportionality
• D) Satisfaction
• E) Moderation

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Definitions:

Mark-Up Percentage

Mark-up percentage is the ratio between the cost of a good or service and its selling price, expressed as a percentage over the cost, indicating the profit margin.

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment compared to its initial cost.

Cost-Plus Pricing

A pricing approach that involves adding a consistent percentage or fixed sum to the production cost of a product or service to set its sale price.

Absorption Cost

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.