Answer:
Jamal
Explanation:
Given that
Number of required slides = 50 slides
Creating slides Per hour = 15 slides
Bill amount per hour = $750
So by considering the above information, Bette's opportunity cost of creating slides would be
= Bill amount per hour ÷ creating slides per hour
= $750 ÷ 15 per hour
= $50
For making 50 slides, the opportunity cost would be
= $50 × 50 slides
= $2,500
And, Jamal opportunity cost is 30% lower, so it would be
= $50 - $50 × 30%
= $50 - $15
= $35
And, the billing rate is 25% higher, so it would be
= $750 + $750 × 25%
= $750 + $187.50
= $937.50
So in one hour, it would be
= $937.50 ÷ 35 slides
= 26 slides
Based on the creating slides, the Jamal gains a competitive advantage over Bette
Answer and Explanation:
The presentation of the liabilities side of the balance sheet is presented below:
<u> Southwest Airlines </u>
<u> Liabilities side</u>
<u> Balance sheet</u>
Current liability
Current portion of the long term debt $8,600,000
Long term liability
Notes payable $31,700,000 ($40,300,000 - $8,600,000)
Total liabilities $40,300,000
Answer:
The correct answer is letter "D": How well the economy is doing at a macro level.
Explanation:
The U.S. Bureau of Labor Statistics (BLS) is an agency in charge of gathering ad analyzing data regarding the labor market and productivity. In such a way, it provides useful output about unemployment and employment in different sectors of an overall economy. If the economy is underperforming, the unemployment rate will be higher but, it the economy is healthy and prosperous the unemployment rate should be lower than the employment rate.
Therefore, <em>by taking a look at the unemployment rate given by the BLS, Jeanine can have an idea of how well the U.S. economy is performing at a macro level.</em>
Answer:
B. not accurately defined by any of these statements.
Explanation:
An inferior good is defined as one whose the quantity demanded decreases as the income of its consumers increases and vice versa.
<em>Option A is incorrect because the income elasticity for inferior goods is negative and therefore, as the income of the consumers increases, the demand curve shifts to the left.</em>
<em>Option C is incorrect because an inferior good does not necessarily mean a fake good. A good can be inferior but yet meet all the standards for approval by the FDA.</em>
<em>Option D is incorrect. The price and quantity demand for inferior goods, just like normal goods do not vary directly. This is only applicable to luxurious goods.</em>
None of the statements in A, C, and D accurately defined an inferior goods.
Hence, the correct option is B.