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Author Question: Vipsana's Gyros House sells gyros. The cost of ingredients (pita, meat, spices, etc.) to make a gyro ... (Read 305 times)

09madisonrousseau09

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on: Jun 29, 2018
Vipsana's Gyros House sells gyros. The cost of ingredients (pita, meat, spices, etc.) to make a gyro is 2.00. Vipsana pays her employees 60 per day. She also incurs a fixed cost of 120 per day.
 
  Calculate Vipsana's variable cost per day when she produces 50 gyros using two workers?
  A) 100 B) 124.40 C) 220 D) 240

Question 2

The demand curve for an individual seller's product in perfect competition is
 
  A) vertical. B) horizontal.
  C) downward sloping. D) the same as market demand.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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helenmarkerine

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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