The output from a McDonalds restaurant would be classified as ________ production.A) quaternary B) primary C) secondary      D) tertiary

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter32: The Land Market And Natural Resources
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  1. The output from a McDonalds restaurant would be classified as ________ production.A) quaternary B) primary C) secondary      D) tertiary

2.Which of the following is NOT part of the opportunity cost of attending university?

A) The alternative uses of the time you spend studying.

B) The tuition fees that you or your government pays.

C) The income that you could have earned if you did not attend university.

D) The cost of the food that you consume while you are attending university

3.In a perfectly competitive market

A) only producers are price makers.

B) all producers and consumers are price takers.

C) all producers and consumers are price makers.

D) only consumers are price taker.

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