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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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​A stock's average return is 10 percent. The average risk-free rate is 7 percent. The standard deviation of the stock's return i
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Hurry! #2
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Answer:

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Answer:

How is the price elasticity of demand​ measured?

c. by dividing the percentage change in the quantity demanded of a product by the percentage change in the product's price

Explanation:

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