Question

The founder of a restaurant is an example of

land.

labor.

capital.

entrepreneurship.

Answer 1

can you eliminate any choices?

Answer 2

A , C

Answer 3

ok good :)
that means it's either labor or entrepreneurship.
do you know what they mean?

Answer 4

It's D

Answer 5

yep :)

Answer 6

do you know why? o.O

Answer 7

03.06]

Use this image to answer the following question. Which of the following is a true statement?

Marcy wants to spend more time at work.

Marcy wants to spend more time at school.

Marcy has the most time for college when she works 6 shifts.

Marcy is most efficient when she works 8 shifts.

Answer 8

Because he or she is basically coming up with ideas for a restaurant.

Answer 9

yeah.
capital is like equipment or stuff to run a business
entrepreneurship is the people who create the business

Answer 10

-_- what?

Answer 11

03.06]

Use this image to answer the following question. Which of the following is a true statement?

Marcy wants to spend more time at work.

Marcy wants to spend more time at school.

Marcy has the most time for college when she works 6 shifts.

Marcy is most efficient when she works 8 shifts.

Answer 12

I considered C but i don't think it may be correct

Answer 13

oh. that's what i thought too :/

Answer 14

I thought that because of point A . but the last test this was on i marked that she wanted to spend more time at work and i got it wrong.

Answer 15

C and D makes since though ?

Answer 16

yeah, it's definitely not a or b.
(Marcy wants to spend more time at work.

Marcy wants to spend more time at school.)

Answer 17

maybe it's point d, since it's like in the middle of the graph?

Answer 18

Maybe ..

Answer 19

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?

24

30

40

60

Answer 20

Well, you need to produce on the curve in order to be efficient. Therefore, to produce 4 gallons of chocolate ice-cream, you need 12 gallons of strawberry ice-cream... However, you need 5 gallons for each 1 gallon of strawberry ice-cream, so multply 5 by 12, and your answer is there.

Answer 21

And for the other producer curve, with the college, you must answer it as D.
It says Marcy has THE MOST time for College if she works 6 shifts... but she does not... If she did, she would not be going to work at all, as that would mean she has the utter-most least time for work.
However, the point on the curve is halfway when she works 8 shfits, and so, she works 8 shifts and has 4 college classes (which is the most efficient, according to the diagram)