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 62 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?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

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.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

For a complete list of videos, visit our video library