This topic contains a solution. Click here to go to the answer

Author Question: Zane's Vanes is a service that restores old weather vanes. Zane has just spent 125 purchasing a ... (Read 52 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

C

Answer to Question 2

A




zhanghao

  • Sr. Member
  • ****
  • Posts: 316

 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library