Tasty Bites Produces Corn Chips

question 14

Multiple Choice

Tasty Bites produces corn chips. The cost of one batch is below: An outside supplier has offered to produce the corn chips for $30 per batch. How much will Tasty Bites save if it accepts the offer?

• A) $15 per batch
• B) $12 per batch
• C) $26 per batch
• D) $1 per batch

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Definitions:

Production

The process of creating goods or services through the combination of labor, materials, and technology.

Households

Groups of people, usually living together in a dwelling, who share responsibilities like budgeting, living arrangements, and making decisions together.

Female-Headed Households

Homes in which a female is the primary or sole breadwinner and decision-maker.

Economic Pressure

Financial stress or strain affecting individuals, families, or societies, influencing their behaviors and decisions.