Answer:
A) horizontal lines
Explanation:
An indifference curve is a curve that shows the two combinations of goods that gives a consumer equal satisfaction.
If Monroe's utility doesn't increase with the consumption of crab cakes, his indifference curve would be a horizontal line. This is because crab cakes and tuna are perfect subsistuites. Monroe would be willing to substitute tuna for crab cakes as he doesn't derive any satisfaction from consuming tuna.
I hope my answer helps you
Answer: True
Explanation: Merit pay is an increase in employee base paid due to some increase in employee performance. While sales commission are payments to employee based on a percentage of the total revenue brought in by the employee.
It is true that employees would respond more productively to incentives such as merit pay or sales commission.
One of the important laws passed by Congress during the Great Recession to combat the rising rate of unemployment was to lengthen the term of unemployment insurance (UI). Prior to the recession, all states save for two offered a maximum of 26 weeks of benefits. However, most states only went as long as 99 weeks during the recession.
The Great Recession is an economic recession that began in the United States as a result of the financial crisis of 2007–2008 and extended fast to other nations. It was the longest and most severe economic Recession to hit several nations, including the United States, since the Great Depression, starting in late 2007 and extending until mid-2009 (1929–c. 1939).
The collapse of the U.S. housing bubble in 2007 marked the start of the financial crisis, which saw a dramatic reduction in liquidity in international financial markets.
To know more about Great Recession, refer:
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Answer:
Most common automobile tires are within a few inches of 25″ in diameter, so they cover 2π × 25″ ≈ 157″, or about 13 feet in a complete revolution. So to cover a mile, which is 5280 feet, they'd have to rotate 5280/13 ≈ 406 times.
Explanation:
Answer:
d. Fixed Costs/(Price – Marginal Costs)
Explanation:
The break-even quantity is the number of units produced and sold at which net income is zero. it is the point at which revenues equals cost.
Break even quantity = Fixed Costs/(Price – Marginal Costs)
or Fixed cost / contribution margin
