Solve the Problem. -A Deli Sells Three Sizes of Chicken Sandwiches: the Small

question 118

Multiple Choice

Solve the problem.
-A deli sells three sizes of chicken sandwiches: the small chicken sandwich contains 6 ounces of meat and sells for $2.50; the regular chicken sandwich contains 10 ounces of meat and sells for $3.00; and the large
Chicken sandwich contains 12 ounces of meat and sells for $3.50. A customer requests a selection of each
Size for a reception. She and the manager agree on a combination of 44 sandwiches made from 24 pounds
8 ounces of chicken for a total cost of $126. How many of each size sandwich will be in this combination?
(Note: 1 pound = 16 ounces)

• A)20 small sandwiches, 16 medium sandwiches, 8 large sandwiches.
• B)22 small sandwiches, 10 medium sandwiches, 12 large sandwiches.
• C)16 small sandwiches, 12 medium sandwiches, 16 large sandwiches.
• D)18 small sandwiches, 22 medium sandwiches, 4 large sandwiches.

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Definitions:

Interest-Rate Cost-Of-Funds

The cost to borrowers or the rate paid to savers and investors based on the interest rates in the financial markets or the rate of return required on investment funds.

Marginal Cost Curve

A graphical representation depicting the cost added by producing one more unit of a particular good, often upward sloping due to increasing costs.

Total Product Curve

A graphical representation that shows the total quantity of output a firm produces, given a fixed amount of inputs, as the amount of one input varies.

Marginal Revenue Curve

A graphical representation showing the change in total revenue that results from selling one additional unit of a product or service.