4. If the government did not require firms to disclose the content of food products and...

4. If the government did not require firms to disclose the content of food products and nutritional information on packaging, how might individuals gather this information? Weigh the costs and benefits to an individual of obtaining such information. Why might it be more efficient for the government to gather or compel disclosure of food product information than for individuals to gather such information by themselves?
please answer it by typing

Expert Solution

Ans;Consumers gather information about the foods they purchase from wide variety of sources family knowledge,education,the media and advertising all convey messages about diffnetent food charastics; on formation may also be found on the food produce laber. from a health stond point,the information on those lables about the nutritions content and health benefits of food is important.two types of such information appending on food products an 'nutrition Labels' 'R' health claims by providing information to consumers.nutrition lables and health claims on the foods have the potential to the achievement of public health objectives.

Rahul Sunny answered 2 years ago

Internet Extra: Food products firms and fast food restaurants are examples of companies that standardize some...

Internet Extra: Food products firms and fast food restaurants are examples of companies that standardize some elements of the marketing mix, and customize others. For example, Kraft sells its products in several markets around the world. In some markets, Kraft sells virtually identical products, in others, products have been adapted to meet local needs. Pick a few products and look at how they are sold in other markets. Are product names the same? What differences do you see in product...

Firms with highly successful products and services often are met with a high regulatory burden, require...

Firms with highly successful products and services often are met with a high regulatory burden, require significant levels of capital, rely on large-scale investments in technology, and benefit greatly from economies of scale that only the largest of firms possess on a sustainable basis. Beyond the basic market segmentation business strategy decision, firms must implement other strategies to remain competitive. Would you argue that targeting an optimal capital structure would be defined as one of these strategically competitive strategies, or...

Are fat and sodium content related in fast food? Here are the fat and sodium content...

Are fat and sodium content related in fast food? Here are the fat and sodium content for several brands of burgers. 1 2 3 4 5 6 7 Fat (in grams) 19 31 34 35 39 39 43 Sodium(mg) 920 1500 1310 860 1180 940 1260 Use a 0.05 significance level to determine if there is a linear correlation between fat and sodium content in burgers. Null and Alternative Hypothesis Test Statistic (or correlation coefficient) P-value : Critical Value: need...

New laws under Dodd-Frank require companies to disclose the pay gap between the CEO and the...

New laws under Dodd-Frank require companies to disclose the pay gap between the CEO and the median employee salary. a) Do you think this is useful information to investors? b) Is this a diversion of valuable resources (time and money) that would better serve investors if applied elsewhere?

Use institutional theory to explain why firms would voluntarily disclose theiraccounting infromation?

use institutional theory to explain why firms would voluntaily disclose their accounting information?

1. How is a decision by a government regulator that all companies must separately disclose, in...

1. How is a decision by a government regulator that all companies must separately disclose, in their annual financial reports, the amount of expense incurred in relation to the training of employees and that the companies must also spend at 5% of their reported profits on training employees related to the Public Interest Theory?

1. A decision is made by a government regulator that all companies must separately disclose, in...

1. A decision is made by a government regulator that all companies must separately disclose, in their annual financial reports, the amount of expense incurred in relation to the training of employees and that the companies must also spend at 5% of their reported profits on training employees related to the Public Interest Theory. Explain the decision made by the government regulator in above in terms of the Economic Interest Group Theory of regulation.

Watch the video I posted on Nutrition content of fast food chains. Select a fast food...

Watch the video I posted on Nutrition content of fast food chains. Select a fast food chain you might order food from. Create your meal (what you really would order, not what you think you should order) What is the breakdown of calories, fat, carbohydrates, etc..? Were you surprised and will you try to make other choices in the futre? I have created a thread in case you want to comment on other student's selection, but not necessary for grading...

Efrem Food Products Inc. (EFPI) produces various food products. One of its joint products is soybean...

Efrem Food Products Inc. (EFPI) produces various food products. One of its joint products is soybean that is processed in a joint manufacturing process to produce Soybean Oil and the Meal. The total cost of input and joint manufacturing process is estimated to be $400,000 for 2020. During the year the company expects to produce 45,000 units of Soybean Oil and 35,000 units of Meal. The company has an option to sell Soybean Oil and the Meal at the split-off...

Question