Zane's Vanes is a service that restores old weather vanes. Zane has just spent 125 purchasing a 1920s-era weather vane which he expects to restore and sell for 500 once the work is completed.
After having spent 125, Zane realizes that he will need to spend an additional 200 on materials to complete the restoration. Alternatively, he can sell the weather vane without restoring it for 200. What is his marginal benefit if he sells the weather vane without restoring it?
A) 75 B) 125 C) 200 D) 300
Question 2
Health problems prevent people from working harder, which can lower a country's total income. This indicates that in effect, health problems
A) shift a country's production possibilities frontier inward.
B) increase the incentive to work.
C) decrease consumer surplus.
D) are a primary cause of price decreases.
This slave burial service, painted by John Antrobus in 1860, reflects an inversion of power relation
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