Question 6 (Multiple Choice Worth 4 points)

McKenzie runs a food truck business. Which of these is an example of McKenzie's activity as a supplier in the product market?

A. Replaces the heating element in the deep fryer
B. Sells fish and fried potatoes at a music festival
C. Takes the truck to a mechanic for monthly service
D. Purchases a yearly permit from the local government



Answer :

Final answer:

McKenzie's activity as a supplier in the product market is demonstrated by selling food items at a music festival.


Explanation:

McKenzie's activity as a supplier in the product market is exemplified by selling fish and fried potatoes at a music festival. This action involves providing goods to consumers in exchange for payment, making McKenzie a supplier in the product market. By offering food items for sale, McKenzie is participating in economic transactions within the market.


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