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jekas [21]
3 years ago
15

Mitchell has a cause: He loves cats. As an economist, he could earn $100,000 as a faculty member, but instead he decides to devo

te his time to the Humane Society as its chief economist. Knowing nothing else, you would expect that he would receive
a.higher pay at the Humane Society because of the difference in skill levels.
b.lower pay at the Humane Society because of signal theory.
c.lower pay at the Humane Society because of the compensating differential theory.
d.higher pay at the Humane Society because of signal theory.
e.the same pay as either a professor or as a chief economist at the Humane Society.
Business
1 answer:
Usimov [2.4K]3 years ago
8 0

Answer: (e.) The same pay as either a professor or as a chief economist at the Humane Society.

Explanation:

The correct answer would be <u>option (e)</u> because in this case there lies an ambiguity i.e. we are uncertain about skillets that an economists should be endowed with or for being a faculty member.

Therefore , it can be concluded that he would  get at least as good pay as being faculty. In both cases he'll be better off.

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While there is systematic risk within a nation, it may be ______ and diversifiableoutside the country after constructing a globa
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<span>While there is systematic risk within a nation, outside the country it may be nonsystematic and diversifiable.</span>
3 0
3 years ago
What should be the price of a common stock paying $3.50 annually in dividends if the growth rate is zero and the discount rate i
katrin [286]

Answer:

$43.75

Explanation:

Dividend discount model with zero growth assumes that the Company shall continue to pay the same amount of dividend in infinity. The formula for calculating price of such stock is

Price = Annual Dividend / Discount rate

Price = $3.5 / 8%

Price = $43.75 / per share

3 0
3 years ago
Strong family ties to the surrounding social context, as indicated by frequent contact with friends and relatives, organized you
jolli1 [7]

Answer:

The correct answer is: reduce stress and enhance adjustment.

Explanation:

Families bond with their surrounding society promotes a friendly atmosphere in society. Cooperation, kindness, respect, and honesty are core values that families should share among them. By doing this, their atmosphere is likely to be <em>less stressful</em> and adults and children can <em>adapt to the community</em> easier.

5 0
3 years ago
Steeler Corporation is planning to sell 100,000 units for $2.00 per unit and will break even at this level of sales. Fixed expen
Doss [256]

The company's variable expenses per unit is 1.25

<h3>What is breakeven?</h3>

Breakeven is a point at which neither profit nor loss is made. It is used to determine the number of units or dollars of revenue needed to cover total costs.

Number of units to sell = 100,000

Price per unit = 2

Fixed expense = 75000

At break even point :

Revenue = total expenses

Total expenses

= fixed cost + variable cost

Let variable cost = x

Revenue

= units to sell * price per unit

Revenue

= 100,000 * 2

= 200,000

Hence,

Fixed cost + variable cost = Revenue

75000 + x = 200,000

x = 200, 000 - 75000

x = 125,000

Variable cost = 125,000

The variable expense per unit is thus :

Variable expense / number of units

= 125,000 / 100,000

= 1.25 per unit

Hence, the company's variable expenses per unit is 1.25

Learn more about break even here: brainly.com/question/9212451

7 0
2 years ago
Suppose you are spending two hours a day studying economics, and your grade is 85 percent. You want a higher grade and decide to
il63 [147K]

Answer:

a 5 percent increase in your grade.

Explanation:

Marginal benefit refers to the additional benefit or utility obtained from consuming one extra unit of a product or service, or doing one extra unit of some type of activity.

For example, the marginal benefit of working out at least 30 minutes per day is that you body will be in better shape and you will be healthier. The marginal benefit of buying one more gallon of gas is that you will be able to drive your car 25 more miles.

5 0
3 years ago
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