​Rosario Is a Chef and Caterer Who Hires Out on a Per-Project

question 25

Multiple Choice

​Rosario is a chef and caterer who hires out on a per-project basis to companies with on-location work sites, as well as to hosts of banquets, corporate meetings, concerts, weddings, and other events. In this capacity, Rosario is

• A) ​an agent.
• B) ​an employee.
• C) ​an independent contractor.
• D) ​a principal.

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Definitions:

Ambrosia

In mythology, ambrosia is often referred to as the food or drink of the gods, believed to confer immortality.

Budget Line

A visual depiction showing every potential pairing of two products that a specific budget can buy at predetermined prices.

Horizontal Axis

The x-axis in a graph, typically representing the independent variable or the quantity of goods in economic graphs.

Vertical Axis

In a graph or chart, the y-axis along which numerical data, typically representing a variable being measured, is plotted.