Katrina pays 40 for a meal at a fancy restaurant. The ingredients ...

[chandani]

Katrina pays 40 for a meal at a fancy restaurant. The ingredients used cost 10 . The value added by the restaurant is _____.
 a. 30
 b. 40
 c. 70
 d. 40 plus the wages paid to the chef and waiters
  e. 40 plus the profit earned by the restaurant owner

Question 2

If cats become a more popular pet in the United States than dogs, what can we expect to happen to the market for cat food workers?
 a. MP increases.
  b. MRP increases.
  c. MP decreases.
  d. MRP decreases.
  e. Wage decreases.

[ktidd]

Answer to Question 1

b

Answer to Question 2

b

[chandani]

Thank you

[ktidd]

Happy to help you