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Exhibit 11-4 Supply and Demand Curves for Food Servers

Question 34

Multiple Choice

Exhibit 11-4 Supply and demand curves for food servers
Exhibit 11-4 Supply and demand curves for food servers   In Exhibit 11-4, assume that both input and output markets are perfectly competitive. If one additional server increases the number of meals sold by four per day and each meal sells for $10, each additional food server will be paid: A)  $16 per day. B)  $32 per day. C)  $36 per day. D)  $40 per day.
In Exhibit 11-4, assume that both input and output markets are perfectly competitive. If one additional server increases the number of meals sold by four per day and each meal sells for $10, each additional food server will be paid:


A) $16 per day.
B) $32 per day.
C) $36 per day.
D) $40 per day.

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