{"id":23655,"date":"2022-01-09T00:15:32","date_gmt":"2022-01-09T00:15:32","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/need-this-asap-economics-homework-help\/"},"modified":"2022-01-09T00:15:32","modified_gmt":"2022-01-09T00:15:32","slug":"need-this-asap-economics-homework-help","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/need-this-asap-economics-homework-help\/","title":{"rendered":"Need this asap | Economics homework help"},"content":{"rendered":"<div>\n<p><span><strong>Question 1<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.02 MC)&lt;object:standard:ss.912.e.1.1&gt;<\/p>\n<p>Your friend wants to open a hamburger stand. A necessary labor resource is<\/p>\n<p>[removed]\u00a0a truck<\/p>\n<p>[removed]\u00a0ground beef<\/p>\n<p>[removed]\u00a0a grill<\/p>\n<p>[removed]\u00a0a chef<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 2<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.06 MC)&lt;object:standard:ss.912.e.1.2&gt;<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/learn.flvs.net\/webdav\/assessment_images\/educator_econ_v13\/03_08_module_exam\/03_08_38.jpg\" alt=\"Graph shows gallons of strawberry ice cream along the horizontal axis and gallons of chocolate ice cream along the vertical axis. Five points are plotted on the graph. Point A shows four strawberry and eight chocolate. Point B shows 15 chocolate and two strawberry. Point C shows four chocolate and twelve strawberry. Point D shows twelve chocolate and eight strawberry. Point X shows twelve chocolate and twelve strawberry.\"\/><\/p>\n<p>\u00a9 FLVS 2013<\/p>\n<p><span>Use this image to answer the following question. The ice cream shop<\/span><\/p>\n<p>[removed]\u00a0wants to produce mostly chocolate ice cream<\/p>\n<p>[removed]\u00a0wants to produce mostly strawberry ice cream<\/p>\n<p>[removed]\u00a0would operate inefficiently if it produced 6 gallons of both flavors<\/p>\n<p>[removed]\u00a0is most efficient when it produces 2 gallons of strawberry ice cream<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 3<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.05 HC)&lt;object:standard:ss.912.e.1.7&gt;<\/p>\n<table width=\"100%\" border=\"1\">\n<caption><strong>Marginal Cost Analysis Chart: ProPhone Blazer<\/strong><\/caption>\n<tbody>\n<tr>\n<td>\n<p><strong>Quantity of Jackets<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Price (in whole dollars)<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Total Revenue<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Marginal Revenue<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Total Cost<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Marginal Cost<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Profit (or loss)<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>0<\/p>\n<\/td>\n<td>\n<p>220<\/p>\n<\/td>\n<td>\n<p>0<\/p>\n<\/td>\n<td>\n<p>0<\/p>\n<\/td>\n<td>\n<p>90<\/p>\n<\/td>\n<td>\n<p>0<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>1<\/p>\n<\/td>\n<td>\n<p>200<\/p>\n<\/td>\n<td>\n<p>200<\/p>\n<\/td>\n<td>\n<p>200<\/p>\n<\/td>\n<td>\n<p>170<\/p>\n<\/td>\n<td>\n<p>80<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>2<\/p>\n<\/td>\n<td>\n<p>180<\/p>\n<\/td>\n<td>\n<p>360<\/p>\n<\/td>\n<td>\n<p>160<\/p>\n<\/td>\n<td>\n<p>200<\/p>\n<\/td>\n<td>\n<p>30<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>3<\/p>\n<\/td>\n<td>\n<p>160<\/p>\n<\/td>\n<td>\n<p>480<\/p>\n<\/td>\n<td>\n<p>120<\/p>\n<\/td>\n<td>\n<p>290<\/p>\n<\/td>\n<td>\n<p>90<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>4<\/p>\n<\/td>\n<td>\n<p>150<\/p>\n<\/td>\n<td>\n<p>600<\/p>\n<\/td>\n<td>\n<p>120<\/p>\n<\/td>\n<td>\n<p>340<\/p>\n<\/td>\n<td>\n<p>50<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>5<\/p>\n<\/td>\n<td>\n<p>140<\/p>\n<\/td>\n<td>\n<p>700<\/p>\n<\/td>\n<td>\n<p>100<\/p>\n<\/td>\n<td>\n<p>400<\/p>\n<\/td>\n<td>\n<p>60<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>6<\/p>\n<\/td>\n<td>\n<p>135<\/p>\n<\/td>\n<td>\n<p>810<\/p>\n<\/td>\n<td>\n<p>90<\/p>\n<\/td>\n<td>\n<p>500<\/p>\n<\/td>\n<td>\n<p>100<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>7<\/p>\n<\/td>\n<td>\n<p>130<\/p>\n<\/td>\n<td>\n<p>910<\/p>\n<\/td>\n<td>\n<p>100<\/p>\n<\/td>\n<td>\n<p>620<\/p>\n<\/td>\n<td>\n<p>120<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span>The owner of ProPhone has charted the company&#8217;s marginal revenue and marginal cost for its latest line of smartphones, the Blazer. Use the chart to calculate the company&#8217;s profit. If ProPhone sells four phones, the company will<\/span><\/p>\n<p>[removed]\u00a0break even<\/p>\n<p>[removed]\u00a0lose money<\/p>\n<p>[removed]\u00a0maximize profits<\/p>\n<p>[removed]\u00a0make some profit<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 4<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.04 MC)&lt;object:standard:ss.912.e.1.6&gt;<\/p>\n<p>Why do monopolies and oligopolies benefit producers over consumers?<\/p>\n<p>[removed]\u00a0Companies control price through demand.<\/p>\n<p>[removed]\u00a0Competition is driven by factors other than price.<\/p>\n<p>[removed]\u00a0Demand influences production more when competition is less.<\/p>\n<p>[removed]\u00a0Few producers can generally control prices.<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 5<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.03 MC)&lt;object:standard:ss.912.e.1.5&gt;<\/p>\n<p>Your friend hopes to expand her business to multiple locations. It would be\u00a0<strong>best<\/strong>\u00a0for her to create a<\/p>\n<p>[removed]\u00a0limited liability company<\/p>\n<p>[removed]\u00a0sole proprietorship<\/p>\n<p>[removed]\u00a0corporation<\/p>\n<p>[removed]\u00a0partnership<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 6<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.06 MC)&lt;object:standard:ss.912. e.1.9=&#8221;&#8221;&gt;<\/p>\n<p>A university has just hired additional faculty and staff. Who of the following is\u00a0<strong>most<\/strong>\u00a0likely to earn the highest pay?<\/p>\n<p>[removed]\u00a0Chemistry professor with a doctoral degree<\/p>\n<p>[removed]\u00a0Economics graduate student teaching assistant<\/p>\n<p>[removed]\u00a0Education lecturer with a master&#8217;s degree<\/p>\n<p>[removed]\u00a0Classics department office manager with a bachelor&#8217;s degree<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 7<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.05 MC)&lt;object:standard:ss.912.e.1.7&gt;<\/p>\n<table width=\"100%\" border=\"1\">\n<tbody>\n<tr>\n<td>\n<p><strong>Quantity of Jackets<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Price (in whole dollars)<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Total Revenue<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Marginal Revenue<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Total Cost<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Marginal Cost<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Profit (or loss)<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>0<\/p>\n<\/td>\n<td>\n<p>20<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>1<\/p>\n<\/td>\n<td>\n<p>20<\/p>\n<\/td>\n<td>\n<p>20<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>18<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>2<\/p>\n<\/td>\n<td>\n<p>19<\/p>\n<\/td>\n<td>\n<p>38<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>33<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>3<\/p>\n<\/td>\n<td>\n<p>18<\/p>\n<\/td>\n<td>\n<p>54<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>43<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>4<\/p>\n<\/td>\n<td>\n<p>17<\/p>\n<\/td>\n<td>\n<p>68<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>55<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>5<\/p>\n<\/td>\n<td>\n<p>16<\/p>\n<\/td>\n<td>\n<p>80<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>68<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>6<\/p>\n<\/td>\n<td>\n<p>15<\/p>\n<\/td>\n<td>\n<p>90<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>83<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>7<\/p>\n<\/td>\n<td>\n<p>14<\/p>\n<\/td>\n<td>\n<p>98<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>101<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>8<\/p>\n<\/td>\n<td>\n<p>13<\/p>\n<\/td>\n<td>\n<p>104<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>120<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span>Based on this chart, what is the marginal cost, in dollars, to produce two jackets?<\/span><\/p>\n<p>[removed]\u00a0Five<\/p>\n<p>[removed]\u00a015<\/p>\n<p>[removed]\u00a018<\/p>\n<p>[removed]\u00a033<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 8<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.04 LC)&lt;object:standard:ss.912.e.1.8&gt;<\/p>\n<p>The greatest goal in advertising is to convince us<\/p>\n<p>[removed]\u00a0&#8220;wants&#8221; are unnecessary<\/p>\n<p>[removed]\u00a0the firm has the best price<\/p>\n<p>[removed]\u00a0a particular product is a &#8220;need&#8221;<\/p>\n<p>[removed]\u00a0the product is the same as other firm&#8217;s products<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 9<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.06 HC)&lt;object:standard:ss.912.e.1.2&gt;<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/learn.flvs.net\/webdav\/assessment_images\/educator_econ_v13\/03_08_module_exam\/03_08_52.jpg\" alt=\"A production possibilities curve. x-axis is labeled Mystery Novels. Y-axis is labeled Sci-Fi Novels. Curve extends from 0, 11 to 11, 0. Point Q plotted at 5, 11. Point R plotted at 6, 10. Point T plotted at 9, 8. Point V plotted at 10, 5.\"\/><\/p>\n<p>\u00a9 FLVS 2013<\/p>\n<p><span>Mad Hatter Publishing specializes in genre fiction for young adults. A movie company decides to make an adaptation of one of its popular science-fiction novels. Currently, production at Mad Hatter is at point T. To which point or points is production likely to shift?<\/span><\/p>\n<p>[removed]\u00a0Q or R<\/p>\n<p>[removed]\u00a0R or V<\/p>\n<p>[removed]\u00a0T or V<\/p>\n<p>[removed]\u00a0V or Q<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 10<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.06 MC)&lt;object:standard:ss.912.e.1.2&gt;<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/learn.flvs.net\/webdav\/assessment_images\/educator_econ_v13\/03_08_module_exam\/03_08_38.jpg\" alt=\"Graph shows gallons of strawberry ice cream along the horizontal axis and gallons of chocolate ice cream along the vertical axis. Five points are plotted on the graph. Point A shows four strawberry and eight chocolate. Point B shows 15 chocolate and two strawberry. Point C shows four chocolate and twelve strawberry. Point D shows twelve chocolate and eight strawberry. Point X shows twelve chocolate and twelve strawberry.\"\/><\/p>\n<p>\u00a9 FLVS 2013<\/p>\n<p><span>Use this image to answer the following question. The ice cream shop needs 5 pounds of strawberries for every gallon of strawberry ice cream. The shop chose to produce 4 gallons of chocolate ice cream. How many pounds of strawberries should the shop purchase?<\/span><\/p>\n<p>[removed]\u00a024<\/p>\n<p>[removed]\u00a030<\/p>\n<p>[removed]\u00a040<\/p>\n<p>[removed]\u00a060<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 11<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.04 MC)&lt;object:standard:ss.912.e.1.8&gt;<\/p>\n<p>&#8220;Buy our cell phone with built-in calendar and reminder features! This way you will never forget an appointment while on the go.&#8221; This advertisement targets your<\/p>\n<p>[removed]\u00a0fears<\/p>\n<p>[removed]\u00a0rituals<\/p>\n<p>[removed]\u00a0emotions<\/p>\n<p>[removed]\u00a0social values<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 12<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.01 LC)&lt;object:standard:ss.912.e.2.3&gt;<\/p>\n<p>Samuel F.B. Morse patented the<\/p>\n<p>[removed]\u00a0telegraph<\/p>\n<p>[removed]\u00a0automobile<\/p>\n<p>[removed]\u00a0audio recorder<\/p>\n<p>[removed]\u00a0radio transmitter<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 13<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.06 MC)&lt;object:standard:ss.912.e.1.9&gt;<\/p>\n<p>A company will continue to hire workers until<\/p>\n<p>[removed]\u00a0there is no more room in the facility<\/p>\n<p>[removed]\u00a0the government restriction on workforce is reached<\/p>\n<p>[removed]\u00a0the additional profit is less than the cost of hiring<\/p>\n<p>[removed]\u00a0there is no more money available for capital investment<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 14<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.06 MC)&lt;object:standard:ss.912.e.2.5&gt;<\/p>\n<p>Marco works as a freelance science writer. He wants to improve his productivity. Which of the following steps is he\u00a0<strong>most<\/strong>\u00a0likely to take?<\/p>\n<p>[removed]\u00a0Build a website highlighting his expertise and publications<\/p>\n<p>[removed]\u00a0Take a week off to relax and play video games<\/p>\n<p>[removed]\u00a0Invest in a better computer and a faster Internet connection<\/p>\n<p>[removed]\u00a0Take out an advertisement for his services<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 15<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.02 MC)&lt;object:standard:ss.912.e.1.1&gt;<\/p>\n<p>Meg and her mother are opening a cupcake shop. They buy an oven, a walk-in cooler, and a decorating table. In terms of factors of production, what are these items?<\/p>\n<p>[removed]\u00a0Capital<\/p>\n<p>[removed]\u00a0Entrepreneurship<\/p>\n<p>[removed]\u00a0Labor<\/p>\n<p>[removed]\u00a0Land<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 16<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.06 MC)&lt;object:standard:ss.912.e.2.5&gt;<\/p>\n<p>Which of the following is the\u00a0<strong>most<\/strong>\u00a0profitable investment for a game shop earning $2 profit from every game sold?<\/p>\n<p>[removed]\u00a0Vehicle with $120 daily operating cost, delivering 80 games per day<\/p>\n<p>[removed]\u00a0Inventory software with $10 daily operating cost, saving 30 games per day from theft<\/p>\n<p>[removed]\u00a0Game cleaning system with $5 daily operating cost, increasing sales by 15 games per day<\/p>\n<p>[removed]\u00a0Electronic billboard with $20 daily operating cost, increasing sales by 20 games per day<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 17<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.03 MC)&lt;object:standard:ss.912.e.1.5&gt;<\/p>\n<p>Stefan has inherited a large amount of money and decides he wants to start a skateboard shop. He has money to invest up front, but he lacks business expertise. Which of the following would be his\u00a0<strong>best<\/strong>\u00a0business options, depending on what he is willing to risk?<\/p>\n<p>[removed]\u00a0Corporation or sole proprietorship<\/p>\n<p>[removed]\u00a0Limited liability company or corporation<\/p>\n<p>[removed]\u00a0Partnership or limited liability company<\/p>\n<p>[removed]\u00a0Sole proprietorship or partnership<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 18<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.05 MC)&lt;object:standard:ss.912.e.1.7&gt;<\/p>\n<table width=\"100%\" border=\"1\">\n<tbody>\n<tr>\n<td>\n<p><strong>Quantity of Jackets<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Price (in whole dollars)<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Total Revenue<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Marginal Revenue<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Total Cost<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Marginal Cost<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Profit (or loss)<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>0<\/p>\n<\/td>\n<td>\n<p>20<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>1<\/p>\n<\/td>\n<td>\n<p>20<\/p>\n<\/td>\n<td>\n<p>20<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>18<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>2<\/p>\n<\/td>\n<td>\n<p>19<\/p>\n<\/td>\n<td>\n<p>38<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>33<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>3<\/p>\n<\/td>\n<td>\n<p>18<\/p>\n<\/td>\n<td>\n<p>54<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>43<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>4<\/p>\n<\/td>\n<td>\n<p>17<\/p>\n<\/td>\n<td>\n<p>68<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>55<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>5<\/p>\n<\/td>\n<td>\n<p>16<\/p>\n<\/td>\n<td>\n<p>80<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>68<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>6<\/p>\n<\/td>\n<td>\n<p>15<\/p>\n<\/td>\n<td>\n<p>90<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>83<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>7<\/p>\n<\/td>\n<td>\n<p>14<\/p>\n<\/td>\n<td>\n<p>98<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>101<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>8<\/p>\n<\/td>\n<td>\n<p>13<\/p>\n<\/td>\n<td>\n<p>104<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\n<p>120<\/p>\n<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span>Based on this chart, what is the marginal revenue, in dollars, at quantity five jackets?<\/span><\/p>\n<p>[removed]\u00a012<\/p>\n<p>[removed]\u00a013<\/p>\n<p>[removed]\u00a052<\/p>\n<p>[removed]\u00a064<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 19<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.04 LC)&lt;object:standard:ss.912.e.1.6&gt;<\/p>\n<p>A monopoly is a market for a good or service that<\/p>\n<p>[removed]\u00a0has few competitive firms<\/p>\n<p>[removed]\u00a0is perfectly competitive<\/p>\n<p>[removed]\u00a0has one buyer<\/p>\n<p>[removed]\u00a0has one seller<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p>\u00a0<\/p>\n<p><span><strong>Question 20<\/strong><\/span>\u00a0(Multiple Choice Worth 5 points)<\/p>\n<p>(03.06 MC)&lt;object:standard:ss.912.e.2.5&gt;<\/p>\n<p>Which of the following is the\u00a0<strong>most<\/strong>\u00a0profitable investment for a candy shop that earns $1 profit per pound of candy?<\/p>\n<p>[removed]\u00a0Worker at $10 per hour, producing eight pounds of candy per hour<\/p>\n<p>[removed]\u00a0Worker at $12 per hour, producing 16 pounds of candy per hour<\/p>\n<p>[removed]\u00a0Machine with $5 per hour operating cost, producing 10 pounds of candy per hour<\/p>\n<p>[removed]\u00a0Machine with $8 per hour operating cost, producing 14 pounds of candy per hour<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Question 1\u00a0(Multiple Choice Worth 5 points) (03.02 MC)&lt;object:standard:ss.912.e.1.1&gt; Your friend wants to open a hamburger stand. A necessary labor resource is [removed]\u00a0a truck [removed]\u00a0ground beef [removed]\u00a0a grill [removed]\u00a0a chef \u00a0 \u00a0 Question 2\u00a0(Multiple Choice Worth 5 points) (03.06 MC)&lt;object:standard:ss.912.e.1.2&gt; \u00a9 FLVS 2013 Use this image to answer the following question. The ice cream shop [removed]\u00a0wants [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-23655","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/23655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=23655"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/23655\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=23655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=23655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=23655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}