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3 years ago

When compared to married couple retirement households, single retirees have ________ household income.

Business

1 answer:

sp2606 [1]3 years ago

5 0

Answer:

a. less than half

Explanation:

Single retirees tend to have less than half of the household income as married couple retirement households. This is mainly due to the fact that married couples have two complete retirement incomes coming in every month. One for each individual in the relationship, many times one individual in the relationship is making much more in retirement than their spouse. Therefore, a single retiree would have less than half since they are alone and only getting one retirement check, so if they worked in the same field as the married couple they would still only be getting half of what the married couple make.

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3 years ago

Four roommates are planning to spend the weekend in their dorm room watching old movies, and they are debating how many to watch

denis-greek [22]

Answer:

1. Inside the dorm room, the movies are Non-Rival which means that one person can watch the movie and it will not diminish the ability of others to watch as well.

Also as they are all in the same dorm, the showing of the movie is Non-Excludable as well because no one can stop the other from watching.

Public good is both Non-Rival and Non-Excludable so the showing of a movie IS a public good.

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10 9 8 3 30

8 7 6 2 23

6 5 4 1 16

4 3 2 0 9

2 1 0 0 3

The optimal number of movies that can be rented is dependent on their total willingness to pay. If their Total willingness to pay for the movie is above $8 which is the cost of a movie, then they will get it. From the table, the fifth movie is below the price of $8 so they should rent 4 movies.

3. If they rent 4 movies and there are 4 of them then the cost per person is;

= (8 *4)/4 people

= 24/4

= $8

This means that each roommate will pay $8.

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3 years ago

The firm negotiates a new agreement with its workers for lower wages. The ATC curve should be __________ and the AFC curve shoul

WINSTONCH [101]

Lower; unchanged

Average total cost (ATC) in economics is calculated as total fixed and variable costs divided by the number of units produced. The normal shape of the average total cost curve is a U, meaning it drops, bottoms out, and then rises. The total cost of an organization is the sum of its fixed and variable costs.
The vertical summation of AFC and AVC must be obtained in order to graph average total costs (ATC). Plot the points as shown on the left after adding the two at each output level. Because it is the result of adding the AFC and AVC curves, the ATC curve is higher than the other two. You can see that it is U-shaped, just like the AVC curve, on the left.

Thus this is the answer.

To learn more about curve, refer: brainly.com/question/25109150

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2 years ago