Cassie's Quilts Alters,reconstructs,and Restores Heirloom Quilts

question 75

Multiple Choice

Cassie's Quilts alters,reconstructs,and restores heirloom quilts.Cassie has just spent $800 purchasing,cleaning,and reconstructing an antique quilt which she expects to sell for $1,500 once she is finished.After having spent $800,Cassie discovers that she would need some special period fabric that would cost her $200 in material and time in order to complete the task.Alternatively,she can sell the quilt "as is" now for $900.What is her marginal benefit if she sells the quilt "as is" now?

• A)$100
• B)$900
• C)She makes a marginal loss of $600,not a marginal benefit.
• D)The marginal benefit cannot be determined.

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Definitions:

Transactional

Refers to interactions or exchanges between people or entities, often based on the principle of give and take.

Preconceived Expectations

Assumptions or beliefs formed before having any direct evidence or experience.

Medical Problems

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Sociohistorical System

The study of social phenomena and historical contexts as interconnected aspects influencing human behavior and societal change.