« previous next »

Author Question: Katrina pays 40 for a meal at a fancy restaurant. The ingredients used cost 10 . The value added by ... (Read 106 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
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

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

chandani

  • Hero Member
  • *****
  • Posts: 541
Reply #2 on: Jun 30, 2018
Thank you :)


ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Medication errors are three times higher among children and infants than with adults.

A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
If enough vapor is added to the air to saturate it, a precipitation fog forms beneath the cloud If enough vapor is added to the air to saturate it, a precipitation fog forms beneath the cloud
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Finding Added Sugars on the Label A food Finding Added Sugars on the Label A food
Top your dinner pasta with broccoli for a selenium-smart meal Top your dinner pasta with broccoli for a selenium-smart meal
A pre-exercise meal must contain adequate amounts of carbohydrate A pre-exercise meal must contain adequate amounts of carbohydrate
Video: Deafness Culture

For a complete list of videos, visit our video library