Answer:
skilled labor
Explanation:
a skilled labor is a person who has a special skill, training, knowledge,and ability in their work
Answer:
a. Lisa's realized and recognized gain or loss is unknown
b. Alfred's recognized gain of $71,340 if he subsequently sells the property for $261,580
Alfred's recognized loss of $35,670 if he subsequently sells the property for $154,570
Explanation:
a. We do not know the amount Lisa costed to buy this business property, thus can't define her gain or loss.
b. Alfred cost $190,240 to buy this property, the he will gain if sell higher or lost if sell lower.
The gain $71,2340 = selling price $261,580 - cost $190,240
The loss $35,670 = selling price $154,570 - cost $190,240
Answer:
reduction of energy consumption
Explanation:
Answer:
Wage rate is $5
Explanation:
The marginal utility of money=marginal utility of leisure/wage rate
When the formula is rearranged,wage rate is given thus:
wage rate=marginal utility of leisure/marginal utility of money
wage rate=15/3
wage rate =$5
In other words, the correct option is C,wage rate is $5
Option D would have been correct if the requirement was to calculate marinal utility of leisure
