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baherus [9]
3 years ago
11

Suppose when you are offered $7.00 per hour to work in the campus library, you choose not to work, but when you are offered $10.

00 per hour, you accept a part-time position. your behavior can best be explained by the fact that your supply of labor curve is:
Business
1 answer:
Leno4ka [110]3 years ago
3 0
You develop your labor (human capital)

Due to scarcity, choices must be made. Every choice has a opportunity cost

Everyone's goal is to make choices that maximize their satisfaction. Everyone acts in their own "self-interest"

Everyone makes decisions by comparing the marginal costs and marginal benefits of every choice.

You found it to be scarce that you were offered $3.00 dollars more than the first offer.
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Julio purchased a stock one year ago for $27. The stock is now worth $32, and the total return to Julio for owning the stock was
alukav5142 [94]

Answer:

$5

Explanation:

Data provided are as follows

Purchase price of stock one year ago = $27

Now stock price= $32

Total return percentage = 37%

So, The computation of the dollar amount of dividend is:

= Purchase price of stock one year ago × Total return percentage - difference in stock price

= $27 × 37% - $5

= $10 - $5

= $5

The difference would be

= $32 - $27

= $5

3 0
3 years ago
Economists argue that:_______.
lawyer [7]

Answer:

d. ​every decision has an opportunity cost.

Explanation:

Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.

Accounting cost only includes explicit cost.

Economic cost includes both implicit and explicit Cost.

economic decisions dont include sunk costs. 

I hope my answer helps you

4 0
3 years ago
summary information from the financial statements of two companies competing in the same industry follows. ryan company and barc
postnew [5]

An example of the financial statement is studying a corporation's performance and fashion with the aid of calculating monetary ratios like profitability ratios, which include the internet profit ratio, which is calculated by means of internet financial divided via income.

It affords inner and external stakeholders the opportunity to make knowledgeable selections concerning investing. monetary declaration financial additionally affords lending establishments with an unbiased view of a business's monetary health, that's helpful for making lending decisions.

The most critical financial statement for the general public of customers is probably to be the income statement since it reveals the potential of a business to generate earnings. additionally, the information listed at the income assertion is more often than not in notably modern-day greenbacks, and so represents an inexpensive degree of accuracy.

Learn more about financial statement here:

brainly.com/question/26240841

#SPJ4

6 0
1 year ago
For a single-server queueing system, which of the following is TRUE? A high utilization factor will result in a system that perf
ankoles [38]

Answer:

II only. A high utilization factor will result in a system that performs poorly is TRUE for a single-server queueing system. As it states that when designing a single-server queueing system, beware that giving a relatively high utilization factor (workload) to the server provides surprisingly poor measures of performance for the system.

True that queueing models enable finding an appropriate balance between the cost of service and the amount of waiting.

Explanation: RATE BRAINLIEST PLEASE

8 0
3 years ago
Which feature helps business address customer grievances
meriva
A customer service representative would be a feature commonly used by huge companies in addressing the customers' issues with regards to their products and services. Furthermore, customer feedback is very important because the company would have the idea on how to improve their service or product.
8 0
3 years ago
Read 2 more answers
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