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Following the birth of their third child, Mary and John realized that Mary had to go back to work to help make ends meet financially. This meant, however, that they would spend less time together as a family. Sociologists would say that Mary going back to work was both
disruptive and unproductive.
selfish and uncaring.
functional and dysfunctional.
productive and functional.
Let’s explore the business of Farmer Ted. The farmer has two fixed inputs that he owns: A tractor, which Ted can rent out for $24000 per year if he doesn’t use it on his farm at all in the year, and land which is currently valued at 1 million dollars..
In recent years, Americans are finding new jobs but aren't finding employers willing to give meaningful pay increases. The unemployment rate is the lowest in 7 years. Never before has the unemployment rate been so low but wages have stayed so flat. W..
Assume that a consumer has the utility function U(x,y) = 3x+y, where x and y represent the quantities of two goods, X and Y. The consumer has I=$60 to spend on the two goods, and good Y costs py=$2 per unit. The price of good x, px, is also exogenous..
Describe in your own words the categories of Web-enabled customer service as discussed in the assigned readings of the text. What makes the most sense for a business like yours (if you are currently employed)?
Colleagues, assess and explain a major trade regulation or policy of the United States (please choose a regulation or policy other than one already discussed by your classmates). What purpose(s) does the regulation or policy serve?
An investment currently costs $30,000 if the current inflation rate is 3% and the effective annual return on investment is 8%. Approximately how long will it take the future value to reach $45,000?
Fixed costs of a company is $20,000 per year with variable costs of $15 per unit. If this company sells each unit for $20. What is the breakeven point? Show the answer with graph.
q1. used music cds rise in price from 7 to 8 and total revenue falls from 700 to 640.bull a. is the demand curve over
Illustrate what adjustments are required for China to rebalance its current account. Illustrate what risks are inherent in such adjustments.
Total cost of the production, as you already know is divided onto fixed and variable costs. Analyze different parts of the total cost (real life examples) and make your own conclusion, dividing them onto two main groups on one side those that belong ..
Suppose disposable income is expected to increase by 5 percent next year. Assuming all other factors remain constant, forecast the percentage change in the quantity of haddock demanded next year.
The production possibilities curve shows the:
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