Zane's Vanes Is a Service That Restores Old Weather Vanes

question 67

Multiple Choice

Zane's Vanes is a service that restores old weather vanes.Zane has just spent $125 purchasing a 1920s-era weather vane which he expects to restore and sell for $500 once the work is completed.After having spent $125,Zane realizes that he will need to spend an additional $200 on materials to complete the restoration.Alternatively,he can sell the weather vane without restoring it for $200.What is his marginal cost to complete the restoration?

• A)$75
• B)$125
• C)$200
• D)$300

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Definitions:

Support Action

Legal action taken to enforce the provision of financial support, often related to family law matters such as child or spousal support.

Non Est Factum

Non est factum is a legal defense meaning "it is not my deed," used when a person signs a document mistakenly or without understanding its nature, effectively nullifying the contract.

Functionally Illiterate

Describes individuals who, despite having basic reading and writing skills, are unable to perform tasks requiring literacy in everyday life contexts successfully.

Deed Transferring

A legal document that conveys ownership of real property from one party to another.