Answer:
you definitely take the job in Dallas because the real wage is higher there.
Explanation:
given data
Chicago paying = $67,000
Dallas paying = $58,000
price index in Chicago = 110.8
price index in Dallas = 91.5
solution
we get here Real wage in Chicago that is
Real wage in Chicago = 67000 × 
Real wage in Chicago = $60469
and
Real wage in Dallas is
Real wage in Dallas = 58000 × 
Real wage in Dallas = $63388
so you definitely take the job in Dallas because the real wage is higher there.
Monopoly output is _the same as (B) ______ the corresponding output for perfectly competitive industries
<h3>Similarity between a monopolistic market and perfectly competitive market </h3>
A monopolistic market is similar to a perfectly competitive market because both markets determine the prices and supply of goods and services in the market. although a perfectly competitive market consists of several firms no particular firm controls the market which makes the group of firms as act as a monopoly.
Hence the output of a monopoly is similar to the output of a perfectly competitive industries.
Learn more about Monopolistic markets : brainly.com/question/24877850
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plagiarism is wrong to do you could go to prison for this
Answer:
His conclusion is based on his own soul-interest.
Explanation:
In the following situation, Ayden is a sole Proprietor he has no team or management system to discuss the idea of opening a new shop, Ayden has to decide about his all expenses, revenues, sources of finance and decision cost from his knowledge and experience.
- Ayden is behaving rationally because he is fully liable for his decisions.
