Please answer the questions based off the reading ..| 1 . 2 . 346 . 7 . |"There has been a generational shift. The processed food staples that were populara generation ago are not considered healthy enough for [consumers] to feed to theirown kids. This is bad news for unhealthy commonly consumed foods, such as highlysweetened breakfast cereals that are marketed to children. In fact, the breakfastcereal category is indicative of many recent changes in consumer preferences. Thecereal business has been declining for more than a decade as consumers increasinglyprefer lower sugar and higher protein options. In contrast to the cereals category,yogurt has hugely expanded as a category which markets its high proteincontent. A related issue is that many parents are trying to raise super children.Hence they are willing to pay more for specialized sports foods, such as 100% wheyprotein to put in smoothies."GreekJill McCluskey, "Changing Food Demand and Consumer Preferences," 20057. According to McCluskey, how are changing consumer preferences affectingdemand for breakfast cereals?Answer:8. What do you think changed consumer's minds about buying sweetened breakfastcereals?Answer:

7. According to McCluskey, how are changing consumer preferences affecting demand for breakfast cereals? Answer: 8. What do you think changed consumer's minds about buying sweetened breakfast cereals? Answer:

7. According to McCluskey, how are changing consumer preferences affecting demand for breakfast cereals? Answer: 8. What do you think changed consumer's minds about buying sweetened breakfast cereals? Answer:

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter16: Labor Markets

Section: Chapter Questions

Problem 16.10P

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