BUSINESS AND FINANCE

03.05 MC)<object:standard:ss.912.e.1.7>

Quantity of Jackets
Price (in whole dollars)
Total Revenue
Marginal Revenue
Total Cost
Marginal Cost
Profit (or loss)
0
20
1
20
20
18
2
19
38
33
3
18
54
43
4
17
68
55
5
16
80
68
6
15
90
83
7
14
98
101
8
13
104
120

Based on this chart, what is the marginal cost, in dollars, to produce four jackets? 

 

Question 2 (Multiple Choice Worth 5 points)

 

(03.06 MC)<object:standard:ss.912.e.2.5>

Which investment produces a $5 hourly profit for a candy shop earning $1 profit per pound of candy?

 

Question 3 (Multiple Choice Worth 5 points)

 

(03.05 MC)<object:standard:ss.912.e.1.7>

Quantity of Jackets
Price (in whole dollars)
Total Revenue
Marginal Revenue
Total Cost
Marginal Cost
Profit (or loss)
0
20
1
20
20
18
2
19
38
33
3
18
54
43
4
17
68
55
5
16
80
68
6
15
90
83
7
14
98
101
8
13
104
120

Based on this chart, what is the marginal revenue, in dollars, at quantity five jackets? 

 

Question 4 (Multiple Choice Worth 5 points)

 

(03.03 MC)<object:standard:ss.912.e.1.5>

Root and Vine is a gardening collective and local delivery service started by two friends. Their clientele has grown, and they want to expand. The owners like the idea of protecting their personal property, but they want to maintain control of the business. Which type of organization might best suit their growth?

 

Question 5 (Multiple Choice Worth 5 points)

 

(03.02 MC)<object:standard:ss.912.e.1.1>

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?

 

Question 6 (Multiple Choice Worth 5 points)

 

(03.04 MC)<object:standard:ss.912.e.1.6>

Why do purely competitive markets tend to benefit consumers over producers?

 

Question 7 (Multiple Choice Worth 5 points)

 

(03.06 MC)<object:standard:ss.912.e.2.5>

Adalet runs a newsstand in a busy office complex. Which option would best help her business to grow?

 

Question 8 (Multiple Choice Worth 5 points)

 

(03.06 MC)<object:standard:ss.912.e.2.5>

Which investment produces a $40 daily profit for a game shop earning $2 profit from every game sold?

 

Question 9 (Multiple Choice Worth 5 points)

 

(03.03 MC)<object:standard:ss.912.e.1.5>

Your friend hopes to expand her business to multiple locations. It would be best for her to create a

 

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