Food Inc. Essay

The film sustenance Inc. reveals the legality about the government agency food is learnd today. The film provides countless cases of negative externalities. If a good has a negative externality, then the damage to golf-club is gre take inr than the constitute consumer is paying for it. In other words, the borderline social cost exceeds the marginal private cost. Since consumers make a decision based on where their marginal cost equals their marginal benefit, and since they breakt take into tarradiddle the cost of the negative externality, negative externalities result in mart inefficiencies unless straightlaced action is taken. Negative externalities from eating unhealthy foods are not intimately quantified, as a countless number of interwoven factors come into play. magical spell eating unhealthy food has many negative effects on the body, consuming junk food has a large impact on society and the environment.Not knowing how food is produced these days, can open the che ss opening for diseases to be eaten by mouth. Countless negative externalities occurred throughout the film. For example, in 2001, a large number of meats were polluted by e coli. As the contaminated meat was manufactured to libertine food joints and grocery stores, e coli inebriety began to take many lives. A 2-year-old boy by the name of Kevin ate a hamburger from a unbendable food restaurant. Hours later, the boy caught e coli 0157H7 and died a few days later of kidney failure and dehydration. His mother move Kevins Law, which close down plants that produce contaminated meat.Fast FoodNegative outwardness GraphFast FoodNegative Externality Graph= potential welfare wrong= potential welfare hurtThe graph above represents the negative externality fast food has on society as a whole. MSC stands for marginal social cost MPC is the marginal private cost. The black triangle represents the potential welfare loss or the external cost of the good. When the marginal social cost exceeds the marginal private cost, this signifies a negative effect on society. When the costs to produce the good are higher than the benefits the good brings, it is not beneficial and harms the market and lives as well. As the quantity increases, the benefit of fast food to society belittles (Q* Q1 ).Supply and need of fast foodSupply and demand of fast foodAs many families struggle to get to work and dont have the time to make a healthy dinner, fast food is often the resort taken. Demand for fast food has change magnitude immensely as time goes on because it is a quick way to eat and be satisfied for the time being. The negative effects that arise, such as diabetes and the chance of being food poisoned are often disregarded.The chart above symbolizes the supply and demand of fast food today. As demand increases, supply decreases. D1 D2 shows the rise in demand for fast food. S1 S2 represents the drop in supply due to the increase in demand. As supply decreases, the wrong for fast f ood increases (P1P2).Alternative measures can be taken to decrease the risk of obesity and chances of eating contaminated foods, including, resorting to healthier foods. The rise in demand of healthy foods, cause the price to jump. By being much aware of the foods one is consuming, you are likely to add years to your life, quite a than take them away.