Anna Bakes Cookies for $10 Per Batch, She Charges Customers

question 48

Multiple Choice

Anna bakes cookies for $10 per batch, she charges customers $15 to a batch, and customers perceive that the cookies are worth $25 per batch. Anna's profit margin is:

• A) $5.
• B) $7.50.
• C) $10.
• D) $15.
• E) $25.

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Definitions:

Two-Income Couples

Households in which both partners earn wages or salaries, contributing to the family's total income.

Economic Roles

Functions and responsibilities assumed by individuals or groups within an economic system, including production, distribution, and consumption of goods and services.

Family and Medical Leave Act

U.S. legislation granting eligible employees unpaid, job-protected leave for family and medical reasons.

Limitations

Restrictions or constraints that limit the ability to perform an action or achieve a goal.