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

Author Question: Zane's Vanes is a service that restores old weather vanes. Zane has just spent 125 purchasing a ... (Read 90 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Shelles

  • Hero Member
  • *****
  • Posts: 582
Reply #2 on: Jun 29, 2018
Correct answers!


zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Men Present for Service during the Civil War Men Present for Service during the Civil War
Josiah Wedgwood, Queen's Ware dinner service (detail). Josiah Wedgwood, Queen's Ware dinner service (detail).
The malfunction indicator lamp might be labeled “service engine soon,” which can cause ... The malfunction indicator lamp might be labeled “service engine soon,” which can cause ...
A mobile weather station that can be used to gather current weather data at the scene of hazardous ... A mobile weather station that can be used to gather current weather data at the scene of hazardous ...
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
A random sample of 87 airline pilots recruited by an airline service had an average yearly ... A random sample of 87 airline pilots recruited by an airline service had an average yearly ...
Video: T cell receptors

For a complete list of videos, visit our video library