1))The worker productivity of Cutie Cupcakes is presented in the following table
ID: 1165686 • Letter: 1
Question
1))The worker productivity of Cutie Cupcakes is presented in the following table. Use the table to answer the following questions:
Cupcakes previously sold for $3 and now sell for $5. The number of workers that Cutie Cupcakes hires will
A) fall. (THAT'S A WRONG ANSWER)
B) remain unchanged, but employees will have to work overtime.
C) increase.
D) stay the same.
E) increase indefinitely.
2)
Most of the total income made in the U.S. economy is paid as
A) profits to businesses.
B) interest to capital lenders.
C) rent to building owners.
D) wages and benefits to laborers.
E) taxes to government. (THAT'S A WRONG ANSWER)
3) The approximate poverty rate for minority women who are heads of household in the United States is ________ percent.
A)10
B) 20
C) 38 (THAT'S A WRONG ANSWER)
D) 50
E) 75
Quantity of Workers 100 200 300 400 Quantity of Output 650 950 1,150 1,200
Explanation / Answer
1) Answer: D
As here only price of the product increase where the demand and supply effects due to increase in price is not mentioned than we can ignore about the changes taking place like profit or loss etc.So the workers hiring will stay the same.
2) Answer:D
Most of income in any country is paid as wages and benefits to labour as if the wages increase the cinsconsump increase where economy grow . Thus the government have money which is again used for welfare of people which is a benefit to labour as labour also come under people.
3) According to 2017 census 80% of households out of 12 million single parent households are headed by women. Out of these 48.8% were under poverty who are minority women. So approximately 50%
Answer =50
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