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JulijaS [17]
3 years ago
12

Which of the following assumptions is likely to be met in the real world? Group of answer choices All labor has zero costs of mo

bility. Demand for labor is identical in every labor market. All labor is homogeneous. Nonpecuniary factors in each job are not the same.
Business
1 answer:
Virty [35]3 years ago
3 0

Answer:

None of the above

Explanation:

NONE of of the following assumptions is likely to be met in the real world.

Assumptions which include

A) All labor has zero costs of mobility. B) Demand for labor is identical in every labor market. C) All labor is homogeneous. D) Non pecuniary factors in each job are not the same are NOT likely to be met in the real word

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Suppose Oliver's marginal utilities from an ice cream cone and a box of chocolate cookies are valued at $6 and $10, respectively
timama [110]

Answer:

Purchase the Ice Cream Cone for a net addition to marginal utility of $1

Explanation:

Marginal Utility is explained as the level of satisfaction that is added when a consumer consumes an additional unit of a product or patronizes a service. It determines the number of items an individual is willing to purchase based on his additional satisfaction from every extra item.

If the additional item leads to an increase in total utility then it is called positive marginal utility and when it decreases total utility then it is called negative marginal utility.

Oliver based on marginal analysis should purchase the Ice Cream Cone for the difference in value of $5 to 6$, that is the net additional marginal utility of $1, but should not purchase the box of chocolate because the marginal utility does not change it remains $10

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3 years ago
Suppose you are going to receive $13,800 per year for six years. the appropriate interest rate is 8.7 percent. what is the prese
Dmitry_Shevchenko [17]

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6 0
2 years ago
Dockside Enterprises Incorporated operates two divisions: (1) a management division that owns and manages bulk carriers on the G
elixir [45]

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The minimum transfer price per hour that the repair division should obtain for its services, assuming it is operating at capacity is:

= $47.

Explanation:

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