Due to a Pre-Existing Contract,Recycle America Inc

question 38

Multiple Choice

Due to a pre-existing contract,Recycle America Inc.has the opportunity to acquire 10,000 pounds of scrap aluminum and 2500 pounds of scrap lead for $10,750.If the current market price for scrap aluminum is $0.83 per pound and the current market price for lead is $1.06 per pound,then the added benefit (cost) to you if you acquire this metal is:

• A)($200).
• B)$200.
• C)($1925).
• D)$1925.

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Definitions:

Psyche

Refers to the human mind or soul, as a fundamental part of individual's mental and emotional state or wellbeing.

Logos

In rhetoric, logos refers to an appeal to logic, where arguments are made using reasoned discourse. In branding, it's the symbolic representation of a company or product.

Mind

The set of cognitive faculties that enables consciousness, perception, thinking, judgement, and memory; the non-physical substance or phenomenon associated with the brain.

Determinism

The philosophical doctrine that all events, including moral choices, are determined completely by previously existing causes.