Expand his shop in that way allowing more customers

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Reference no: EM1314976

Q1. Elucidate how would you advise the baker as to whether he should

(a) Employ four assistants on a Saturday;

(b) Expand his shop in that way allowing more customers to be served on a Saturday morning?

Q2. Which Fed district bank is most relevant to students? Illustrate what states are represented by this bank?

Q3. Assume which the United States is on a bimetallic standard at $35 to one ounce of gold also $3 for one ounce of silver. If new silver mines open also flood the market with silver, the two metals will circulate as before in the US since citizens could exchange their gold currency for silver currency at any time.

Reference no: EM1314976

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