A Chinese Restaurant Buys 10 Cups of Rice for $1;

question 78

Multiple Choice

A Chinese restaurant buys 10 cups of rice for $1; soy, fish and oyster sauces for $1 each; and assorted vegetables for $20. They create 10 meals with these ingredients and sell each one for $5. How much does this process contribute to GDP?

• A) $23
• B) $50
• C) $73
• D) $27

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Definitions:

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.

Leadership Competencies

Refer to the skills and behaviors that contribute to superior leadership performance.

Knowledge of the Business

Knowledge of the Business involves understanding the internal and external factors that affect a company's operations, including its industry, market, and organizational structure.

Path-goal Theory

A leadership theory that suggests a leader's behavior is contingent to the satisfaction, motivation, and performance of their subordinates.