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Suppose that Jenny receives higher pay at her workplace than her collages do, even though they perform essentially the same type of work. However, Jenny's productivity is about 25% higher than that of each of her colleagues. Which of the following wage concept can explain this given information? Check all that apply, A) The superstar phenomenon B) Human capital C) Discrimination D) Effort
Fiscal policy is in the news all the time. When the President talks about spending tax money to address the needs of our country he is really talking about fiscal policy. Many states are behind in their payments to nursing homes like the one pictured..
About 32% of all the laptop computers sold in an electronics store have hard disks made by Western Digital, i.e., equation. In a specific shipment, a total of equation laptop computers are received. Treat these 15 laptop computers as a random sample ..
Mr. Sansome withdrew &1000 from a savings account and invested it in common stock. At the end of 5 years, he sold the stock for $1207. In the savings account, he would have received an interest rate of 3%, compounded quarterly. He would like to compu..
Anthony has a wagon with a worn out axle. the axle can be replaced for $500 with a wooden axle that lasts 2 years, or replaced with an iron axle that lasts 3 years and cost $700. Anthony's discount rate is 29%. What should Anthony do?
Using key concepts discussed in the classes, explain why there is a large role of government (either local or federal) in the transportation industry in the real world. Specif-ically, what types of government policies do you expect in the industry? U..
Determine the enrollment variance for the month.Determine the utilization variance for the month.Determine the efficiency variance for the month.
You decide to open an individual retirement account (IRA) at your local bank that pays 11%/year/year. At the end of each of the next 40 years, you will deposit $4,000 per year into the account (40 total deposits). 3 years after the last deposit, you ..
In Houston, Texas, there are 10 household each with a demand for electricity of Q = 60 – P. Houston Lighting and Power's (HLP) cost of producing electricity is. If the regulators of HLP want to make sure that there is no deadweight loss in this marke..
For both of the following utility functions, draw the indifference curves for the indicated utility levels, including at least three consumption bundles on each. Be precise. Suppose Ann and Bob each have $90 with which to buy xanthum (x) and yarrow (..
i have this discussion in my class and i dont know how to answer these questions.nbspjet blue corporation continuously
Consider a cruise liner provisioning a certain consumable item for her next trip. In the first stage, the cruise liner procures from the home port region right before the start of the trip. The unit cost for the item at home port is c1. Compute the o..
A persone has a choice between an apple or an orange. the persone chooses the apple. Elucidate what is the opportunity cost of choosing the apple.
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