Joe runs a restaurant. he pays his employees $200,000 per year. his ingredients cost him $50,000 per year. prior to running his restaurant, joe was a lawyer earning $150,000 per year. what would economists say is joe's cost of running the restaurant?

Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.