A sandwich shop hires workers to make sandwiches and sell themto customers. If t

Question

A sandwich shop hires workers to make sandwiches and sell themto customers. If the firm is competitive in both the market forsandwiches and in the market for sandwich makers, then it has a. some control over both the price of sandwic hes and thewage it pays to its workers. b. no control over the price of sandwiches but some controlover the wage it pays to its workers. c. some control over the price of sandwiches but no controlover the wage ipays to its workers. d. no control over either the price of sandwiches or the wageit pays to its workers. A sandwich shop hires workers to make sandwiches and sell themto customers. If the firm is competitive in both the market forsandwiches and in the market for sandwich makers, then it has a. some control over both the price of sandwic hes and thewage it pays to its workers. b. no control over the price of sandwiches but some controlover the wage it pays to its workers. c. some control over the price of sandwiches but no controlover the wage ipays to its workers. d. no control over either the price of sandwiches or the wageit pays to its workers.

Explanation / Answer

D. no control over either the price of sandwiches or the wage itpays to its workers.

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.