1. HOLLY’S HAMBURGERS.JPG While creating next year’s budget for her hamburger restaurant, Holly includes the purchase of a new PowerPress to make burgers faster. The machine requires 10 percent of the total budget, plus additional training costs. Which of these could be part of her plan to purchase the PowerPress? (4 points) Decrease payroll by five percent, because the machine will make production more efficient. Decrease supplies by five percent, because the machine will make more burgers. Increase payroll by five percent, because she will need more employees. Increase rent by five percent, because the machine will take up more space. 2. PUBLIC DOMAIN.JPG Which of these is an example of the line marked “Artificial Price”? (4 points) Farm subsidies Market price Minimum wage Rent controls 3. CARDINAL COMICS.JPG Cardinal Comics produces graphic historical novels and retails them through local shops and electronic outlets throughout the United States. The publisher also sells directly to public school districts and other educational institutions. The publisher maintains an in-house staff of editors and illustrators but contracts out writing, printing, and distribution. Their printer uses domestically recycled paper but imports ink and much of its printing equipment from overseas. Which part of this scenario would most directly relate to segment A in the circular flow diagram above? (4 points) Retails them through local shops and electronic outlets Sells directly to public school districts and other educational institutions Maintains an in-house staff of editors and illustrators Uses domestically
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