This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the market processes resources end up being located in their A) highest valued use. B) next ... (Read 77 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
In the market processes resources end up being located in their
 A) highest valued use.
  B) next best use.
  C) proper use.
  D) none of these choices.

Question 2

Would the owner of a profit-maximizing fast-food establishment hire another worker for 55 per day if that worker added faster service, increasing sales and revenue by 98 per day? Why or why not?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

Yes, it would make good business sense to employ the additional worker because they would add 43 to revenues beyond their costs. This would increase the profitability of the business.


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Excellent

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

The Processes of Synaptic Pruning (Part 2) The Processes of Synaptic Pruning (Part 2)
A typical engine coolant temperature (ECT) sensor. ECT sensors are located near the thermostat ... A typical engine coolant temperature (ECT) sensor. ECT sensors are located near the thermostat ...
Earth’s Mineral Resources Earth’s Mineral Resources
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Energy Resources: Fossil Fuels Energy Resources: Fossil Fuels
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library