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Reptile [31]
3 years ago
13

Ray has six hours before he goes to bed on a school night. He plans to spend an hour surfing the Internet, two hours playing his

favorite game, two hours watching TV, and one hour doing his homework. However, some of the math problems in his homework are extremely difficult, and it will take him more than two hours to finish them. He knows his teacher won’t give him any credit for the work unless it's completely finished, and it's important that he get a good grade in the class. Which of these options for dealing with this situation are a trade-off of Ray’s time?
1) He will spend only one hour on homework and leave out what he can’t finish.
2) He will spend one extra hour on homework and give up watching TV.
3) He will finish his homework while he is watching TV.
4) He will play his favorite game for one hour and do homework for two hours.
5) He will ask his brother to help him with his homework.
Business
1 answer:
dsp733 years ago
4 0
He will ask his brother to help him with his homework but exclude watching tv and playing video games until he finishes the homework
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3 years ago
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Mrs.Smith should continue to operate the business in the short run but shut down in the long run.

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According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,

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6 0
3 years ago
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