Multiple Choice
Marissa owns a small lunch shop.The shop's kitchen is small, so it can only accommodate one worker at any one time.The shop is only open from 11:30am - 1:30pm each day.Which of the following options is Marissa the most likely to pursue if economic pressures lower the competitive wage she pays her worker by 5 percent?
A) Borrow capital to triple the size of her kitchen.
B) Hire a second worker.
C) Extend her business hours.
D) Shut down her shop.
E) Raise her prices.
Correct Answer:
Verified
Correct Answer:
Verified
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