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 108 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
Gracias!

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

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

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo
Young adulthood brings the greatest number of role transitions and highest levels of demands than ... Young adulthood brings the greatest number of role transitions and highest levels of demands than ...
Processes of the Middle and Upper Troposphere: Rossby Waves and Vorticity Processes of the Middle and Upper Troposphere: Rossby Waves and Vorticity
Catabolic and anabolic processes in anaerobic carbohydrate metabolism Catabolic and anabolic processes in anaerobic carbohydrate metabolism
Pregnant and Lactating Women, Children, the Ill, and Older Adults Are at the Highest Risk Pregnant and Lactating Women, Children, the Ill, and Older Adults Are at the Highest Risk
Metallic Resources Metallic Resources
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library