The distribution of income in one nation can be illustrated by the

Use the data in the table above and suppose that labor is the only variable factor of production. If each worker is paid $42.00 per day, what is the average variable cost to Decent Donuts of producing 122 dozen donuts per day?

A) $1.91 B) $2.16 C) $2.41 D) $3.06

How do adverse selection and moral hazard affect the market for insurance?

What will be an ideal response?