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28 January, 17:51

Maple Leaf Foods (MLF) is concerned about the potential for listeria contamination of its packaged meat products. Consumers cannot observe whether or not items are contaminated before they choose to purchase. If a single contaminated package is found, MLF voluntarily recalls every package that was produced in the same facility within two months of the contaminated item, at great cost to the firm. This action is an example of

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  1. 28 January, 20:57
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    Answer: government regulation

    Explanation:

    The above scenario is a form of government regulation. We are informed that Maple Leaf Foods (MLF) is concerned about the potential for listeria contamination of its packaged meat products and that in situations whereby a single contaminated package is found, MLF voluntarily recalls every package that was produced in the same facility within two months of the contaminated item, Eben though it comes at great cost to the firm.

    The government is trying to protect the people from using contaminated products thereby in such as scenario, when a contaminated one is found, the goods have to be recalled so that people won't continue buying it.
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