Answer:
The answer is: B) the supply of workers, and the demand curve is the demand for their labor.
Explanation:
In the labor market;
The supply curve represents the amount of labor that the workers are willing to offer at different price levels (wages).
The demand curve represents the number of workers that businesses are willing and able to hire at different wages.
A computer game that can be purchased online and played right away has good time utility.
This is because going to the store then installing the game on your computer takes time. This time can be saved by simply buying the game online and playing it right away.
Answer:
a. Kantianism
Explanation:
Kantianism -
This theory was given by Immanuel Kant.
According to this theory ,
Good deeds and duty are the crucial elements in order to determine the action which need to be taken .
Any activity is considered to be good , only if it is morally correct .
Hence , from the question , spanking children is not a good activity and it not accepted ethically .
Hence , in the given scenario Kantianism is applicable .
Answer:
a. in order to calculate this we must assume that the economy entered a recession:
degree of operating leverage = [($20 - $70)/$70] / [($260 - $520)/$520] = -0.7143 / -0.5 = 1.43
b. $14 million
Explanation:
strong economy:
total sales $520 million
<u>variable costs $420 million</u>
gross profit $100 million
<u>fixed costs $30 million</u>
EBIT $70 million
<u>income taxes $21 million</u>
net income $49 million
weak economy:
total sales $260 million
<u>variable costs $210 million</u>
gross profit $50 million
<u>fixed costs $30 million</u>
EBIT $20 million
<u>income taxes $6 million</u>
net income $14 million
