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Nana76 [90]
3 years ago
5

Winona and Hubert need to decide which one of them will take time off from work to complete the rather urgent task of shearing t

heir llamas. Winona is pretty good with a pair of shears; she can shear the llamas in 1 hour. Hubert is somewhat slow; it takes him 9 hours to shear the llamas. Winona earns $200 per hour as a psychiatrist, while Hubert earns $25 per hour as a cobbler. Keeping in mind that either Winona or Hubert must take time off from work to shear the llamas, who has the lowest opportunity cost of completing the task?
a. Jacques
b. Kyoko and Jacques face equal opportunity costs
c. Kyoko
Business
1 answer:
PilotLPTM [1.2K]3 years ago
4 0
B is the answer your welcome
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Suppose a stock market boom makes people feel wealthier. The increase in wealth would cause people to desire: a) increased consu
Stels [109]

Answer:

a. Increased consumption , which shifts the aggregate-demand curve right.

Explanation:

When there is a boom in stockmarket which makes people wealthier, people's consumption would increase because of the desire and availability of money to purchase goods, which results in demand curve shifting right.

The boom in the stockmarket means people investment has appreciated hence are able to save and increase their consumption spending.

A shift in demand curve to the right means an increase in the quantity demand of goods and services while a shift in demand curve left means a decrease in the quantity demand of goods and services.

Other factor that could cause increased consumption and shifts in aggregate demand curve right is tax decrease. Tax is a compulsory levy imposed on an individual or an organization by the government.

When there is a tax decrease, people would be able to save more thus increase their desire to consume more hence demand curve would shift to the right.

3 0
3 years ago
Which label(s) would mark the produce that you are least likely to purchase even if it was very affordable?A.no label B.100% org
Burka [1]

Answer:  C.grown with pesticides and chemical fertilizers

Explanation: We must choose this answer because pesticides and chemical fertilizers are guilty of most allergies and diseases worldwide. The best action you can do is choose 100% natural and organic items certificate on the label, so we make sure that they will be suitable for our consumption without any consequence.

7 0
3 years ago
How does human capital increase throughout a career?
PSYCHO15rus [73]

Human capital increase throughout a career because related jobs develop skills for a specific field of work. Humans can develop skills and gain knowledge through the field of work and improve these skills, if they have the passion to develop it.

8 0
3 years ago
Objectives are Multiple Choice the means by which a marketing goal is to be achieved, usually characterized by a specified targe
omeli [17]

Answer:

a road map for the marketing activities of an organization for a specified future time period, such as one year or five years.

Explanation:

A business objective is defined as measurable achievements a company wants to attain within a given period of time.

It acts as a compass that shows that activities are on track to realise business goals.

The steps to get a favourable result are outlined, resources to be used are usually stated and a time frame given to get results.

Goals on the other hand are general results that a company wants to attain. Objectives are more specific.

5 0
3 years ago
Suppose that a small county is considering adding a guard rail to a dangerous curve by a river. The guard rail will cost $70,000
Stolb23 [73]

Answer:

b. Do not install the guard rail because the costs exceed the benefits

Explanation:

The cost of the guard rail is $70,000.

The average damage to a car that slides off the road at the curve is $10,000.

Number of cars the guard rail is expected to save from sliding off the road is 5.

Therefore, Total damage prevented/saved is 5 * $10,000= $50,000

Total cost of installing the guard rail is $70,000

So, the cost exceed the benefits.

It is expected the county will not install the guard rail because the total cost outweighs the benefits.

7 0
3 years ago
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