Answer:
option (d) increases by $1,000
Explanation:
Data provided in the question:
Increase in gross pay = $500
Increase in total employee benefits = $200
Decrease in total job expenses = $300
Now,
The change total employment compensation
= Increase in gross pay + Increase in total employee benefits + Decrease in total job expenses
= $500 + $200 + $300
= $1,000 (Here, the positive value means an increase )
Hence,
The answer is option (d) increases by $1,000
Answer:
C. A situation where no economic agent would benefit by changing his or her behavior
Explanation:
An economic equilibrium is when the agents are optimizing their decisions and opposing market forces are equal. This point allows the economic agents to maximize their utility and any change from this point will cause all agents to move away from potential maximum benefits.
In a natural equilibrium there is usually no government intervention so option A is false. Option B gives only one agent potential benefits and as such there is no equilibrium. Option D is conditional and may or may not happen as when the agents find missing information they would optimize again and move to an equilibrium.
Hope that helps.
I think this is a trick question. Say, there are 2 pounds of cocoa / 1 gallon of chocolate ice cream. But then the problem only mentions the production of eight gallons of <em>strawberry</em> ice cream, not chocolate ice cream.
However, if they're somehow related (like they are made from the same machine), then you need 16 pounds of cocoa to produce 8 gallons of chocolate ice cream.
Answer: Business
Explanation: In simple words, business refers to a group of activities that an individual performs, by taking calculated risk, for the ultimate purpose of making profit.
In the given case, Marcia Simpson is starting the new academy to target wealthy corporate employees.
Hence we can conclude that she is willing to start a business.
I guess the correct answer is making an observation
Making an observation requires you to use your senses to obtain information