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Alina [70]
3 years ago
13

Alexandra has determined that studying an hour for her economics quiz will improve her grade on the quiz from 75 to 100. She als

o determines that this improvement is worth $20. To study for an hour for her economics quiz, however, she will have to work one fewer hour at her part-time job. Alexandra should:_________
Business
1 answer:
Darina [25.2K]3 years ago
5 0

Answer:

study when the hourly rate is below or equal to $20

Explanation:

Cosidering the economic principles of opportnity cost Alexandra will only study that extra time if the loss wages are less or equal to $20 dollars

as a higher hourly  rate will make the $20 dollar she consider the change in grade worth it to leave a net loss after considering the implicit cost of the test

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Your company sells consulting services in legal forecasting to multinationals studying foreign market entries. In some countries
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Which of the following is NOT a supertrend affecting the future of business? Multiple Choice Offshore suppliers are changing the
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How much will you have if you wait 10 years before beginning to save and only make 35 payments into your retirement​ account?
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In a newsvendor model where the demand has normal distribution, if Co &lt; Cu, i.e., the overage cost is lower than the underage
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maximum

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