subject
Business, 15.11.2019 00:31 babyduckies37

Rice is a cheap staple food eaten multiple times of day by many people all over the world. in trufflelandia, residents also eat expensive mushrooms known as truffles once per year as a birthday celebration. rice keeps the people alive, and truffles are not necessary for sustaining their lives. why is rice so cheap and truffles so expensive? a. truffles taste better, so they are worth more money. b. rice is easy to cook, so people buy a lot of it. if people are going to buy so much, then it has to be cheap. c. truffles are more nutritious, and healthy food is always more expensive than unhealthy food. d. people eat so much rice that an additional serving of rice has little marginal value, but the marginal value of another serving of truffles is very high.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 14:30
Island novelties, inc., of palau makes two products—hawaiian fantasy and tahitian joy. each product's selling price, variable expense per unit and annual sales volume are as follows:
Answers: 2
question
Business, 22.06.2019 19:30
Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.
Answers: 1
question
Business, 22.06.2019 19:50
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.
Answers: 2
question
Business, 22.06.2019 22:00
Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.
Answers: 2
You know the right answer?
Rice is a cheap staple food eaten multiple times of day by many people all over the world. in truffl...
Questions
question
Mathematics, 13.03.2021 02:30
question
Mathematics, 13.03.2021 02:30
question
Biology, 13.03.2021 02:30
question
Mathematics, 13.03.2021 02:30
question
Chemistry, 13.03.2021 02:30
Questions on the website: 13722367