When the rpt and ctd are done being processed
Answer:
Books Shirts
4 0
3 3
2 6
1 9
0 12
Explanation: At combination E, the economy is producing 0 books and 12 shirts. Since the opportunity cost of 1 book is 3 shirts, moving from point E to point D (gaining 1 book) requires this economy to produce 3 fewer shirts. Thus, the number of shirts in combination D must be 12 shirts−3 shirts=9 shirts. The rest of the combinations can be calculated in a similar fashion, with the answers summarized in the following table.
A 4 3−3=0
B 3 6−3=3
C 2 9−3=6
D 1 12−3=9
E 0 12
Answer:
The correct answer is letter "C": Hispanic Americans.
Explanation:
Hispanic Americans represent the second largest ethnic group in the United States with 52 million people according to the U.S. Census Bureau (2010), which is 16.7% of the total population. Hispanic Americans are the largest group using mobile devices for different purposes that go from banking to streaming services. It is estimated that around 47 million of them are U.S. citizens.
In such a scenario, <em>mobile carriers such as Sprint, AT&T or U.S. Cellular should focus on how to provide them with services that attract Hispanic Americans' attention so those companies can boost their sales.</em>
Answer:
a. $700,000
86%
c. No
Explanation:
a. Jacobs will earn $700,000 per year. This equals the normal salary for a designer, $100,000, plus the economic rent he collects for his special talent, $600,000.
6/7 or 0.857 or 86% of his salary is thus economic rent. This is found by 600,000/700,000
b. The answer is No. If Jacobs’s employer withholds some of the additional revenue it takes in as a result of hiring him, some other advertising company will offer him a higher salary and still manage to earn an economic profit. Bidding for Jacobs will continue until firms are indifferent between paying him $600,000 and hiring any other designer for $100,000.