Department Of Health And Human Services
Answer:
Jake should shear the llamas.
Explanation:
Latasha can shear the llamas in 1 hour.
Jake takes 6 hours to shear the llamas.
Latasha earns $120 per hour as a lawyer, while Jake earns $15 per hour as a barber.
Latasha can either earn $120 in an hour or shear a llama.
In 6 hours Jake can earn either shear a llama or earn
=
= $90
The opportunity cost of shearing llamas is high for Latasha ($120) while, it is lower for Jake ($90). So, Jake should shear the llamas.
<span>A price ceiling is the maximum price the government allows sellers to charge for a product.
Hope I helped :)
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If the unexpected
news was able to raise the expectation of the people of the future dividends
and future price of the corporation, then before the price will change, this
corporation's stock would be undervalued, so its price would rise.