Most babysitters in Mary's neighborhood get paid $6 an hour. However, since she is considered the...
Most babysitters in Mary's neighborhood get paid $6 an hour.
However, since she is considered the
best, her neighbor called and asked her to baby-sit for $8 an hour.
The extra $2 per hour she
would earn is her economic rent.
True
False
Homework Answers
True
Economic rent = 8 - 6 = 2
economic rent is the payment to an owner or factor of production in excess of the costs needed to bring that factor into production.
Add Answer to:
Most babysitters in Mary's neighborhood get paid $6 an hour.
However, since she is considered the...
17. The market is perfectly competitive and your business is considered to be profit maximizing. Your...
17. The market is perfectly competitive and your business is considered to be profit maximizing. Your business earns economic profits of $1500. The foxed costs of your business decrease from $500 to $450. This means your business will b C a reduce its output raise is price eam a greater profil d. earn a smalier profit 18. Sebastian has the choice of working as a grocery store stocker ($12/hour) or washing windows for local businesses ($4 per window). He doesn't...
Marge is a single parent who dropped out of high school to marry Andrew when she...
Marge is a single parent who dropped out of high school to marry Andrew when she was 17 years old and pregnant. After 6 years of marriage and two children (Stacy, age 5 years, and Monica, age 2 years), Marge divorced Andrew because of his drinking, affairs, and lack of support of her and the children. Andrew has a job delivering newspapers and spends free time drinking beer with friends. He only sporadically provides monetary support. Marge and the girls...
Question 1 2 pts Questio Questio Questio Time Running: Attempt due: Sep 20 1 Hour, 21...
Question 1 2 pts Questio Questio Questio Time Running: Attempt due: Sep 20 1 Hour, 21 Minu Debbie Debtor owed three debts to Carl Creditor, totaling $15.000. The first debt was $3,000, the second debt was $5,000, and the third debt was $7.000. Debbie needed to obtain additional gadgets from Carl and paid him $3,000 for them. Debbie also paid Carl an additional $6,000 by check, specifying that it should be applied towards the third debt. Carl accepted the check...
SECTION B: CIRCLE THE CORRECT ANSWERS 7. Interest earn on another interest is called? a....
SECTION B: CIRCLE THE CORRECT ANSWERS 7. Interest earn on another interest is called? a. Simple interest b. Multiple interests c. Compound interest d. All of the above 8. The lump sum of future value of money to be received today is termed a. Future value b. Present value c. Compound value d. Simple value 9. Sarah’s boyfriend requested that they should go out to the movies, but she had a mid-semester...
Case Studies for Understanding of Theoretical Perspectives in Human Services Which theories would you use to...
Case Studies for Understanding of Theoretical Perspectives in Human Services Which theories would you use to address the behavioral dysfunction? Medical? Psychotherapeutic? Behavioristic? Humanistic? What should Human Services professional do? Case Study #1: Richie and Denise Jones Bob and Mary Jones have three children. One of these children, Jimmy (8 yrs. old) is severely autistic. He gets services through the school district, but his behaviors are difficult in the home and always have been. He does not communicate with his...
Babies Silvia and Lynette are growing and thriving. Parents Brett and Brenna are amazed and grateful...
Babies Silvia and Lynette are growing and thriving. Parents
Brett and Brenna are amazed and grateful that their twins are so
healthy and bright. Each day they develop more and more of their
own unique personalities. Brett has gone on a knowledge bender
reading and watching everything he can about infant growth and
development. He wants the best for his girls and feels the more he
knows the more he can do to provide them the best childhood.
1. Brett...
Babies Silvia and Lynette are growing and thriving. Parents Brett and Brenna are amazed and grateful...
Babies Silvia and Lynette are growing and thriving. Parents
Brett and Brenna are amazed and grateful that their twins are so
healthy and bright. Each day they develop more and more of their
own unique personalities. Brett has gone on a knowledge bender
reading and watching everything he can about infant growth and
development. He wants the best for his girls and feels the more he
knows the more he can do to provide them the best childhood.
1. Brett...
INTRODUCTION Rebecca shook her head and gave a loud sigh as she hung up the phone...
INTRODUCTI0NRebecca shook her head and gave a loud sigh as she hung up the phone from talking with her dad."What is it?" her roommate Claire asked."Per usual, Daddy Jim wants me to use my 'schooling, as he likes to call it, to help him decide whether to buy a new crew cab truck with either a diesel or a gas engine," Rebecca replied."Well, maybe he will forget all about it if you just wait him out, "Aaire offered."Oh no, you...
CHAPTER2 CONTERTO CASE Exempt or Nonexempt? An additional Supplemental Case can be found on MyManag ementLab....
CHAPTER2 CONTERTO CASE Exempt or Nonexempt? An additional Supplemental Case can be found on MyManag ementLab. She's worked Jane Swift is becoming frustrated with her job as a shift leader at Jones Department Store. eft k. She doesn't mind formed haveI there for 6 months, and the full-time job has turned into more than full time. Several associates the store, and as a result, the past several weeks she has worked 45-50 hours each wee working the extra hours; she...
The premium paid on an option contract (either a put or a call) represents the compensation...
The premium paid on an option contract (either a put or a call) represents the compensation the buyer of the option receives from the seller (writer) of the option for the ability to use the option if it becomes profitable. If the buyer of the option does not use the option before expiration, this premium must be returned back to the seller (writer) at the time the option expires. True False 2 points QUESTION 3 On the day of...
17. The market is perfectly competitive and your business is considered to be profit maximizing. Your business earns economic profits of $1500. The foxed costs of your business decrease from $500 to $450. This means your business will b C a reduce its output raise is price eam a greater profil d. earn a smalier profit 18. Sebastian has the choice of working as a grocery store stocker ($12/hour) or washing windows for local businesses ($4 per window). He doesn't...
Question 1 2 pts Questio Questio Questio Time Running: Attempt due: Sep 20 1 Hour, 21 Minu Debbie Debtor owed three debts to Carl Creditor, totaling $15.000. The first debt was $3,000, the second debt was $5,000, and the third debt was $7.000. Debbie needed to obtain additional gadgets from Carl and paid him $3,000 for them. Debbie also paid Carl an additional $6,000 by check, specifying that it should be applied towards the third debt. Carl accepted the check...
CHAPTER2 CONTERTO CASE Exempt or Nonexempt? An additional Supplemental Case can be found on MyManag ementLab. She's worked Jane Swift is becoming frustrated with her job as a shift leader at Jones Department Store. eft k. She doesn't mind formed haveI there for 6 months, and the full-time job has turned into more than full time. Several associates the store, and as a result, the past several weeks she has worked 45-50 hours each wee working the extra hours; she...
Most questions answered within 3 hours.
-
Question :1 (40%, 8% per sub question)
A firm is evaluating two mutually exclusive projects that...
asked 1 minute ago -
Acme Company insured its building on a replacement cost basis
for $700,000 under a property insurance...
asked 1 minute ago -
Suppose 4.8 g of zinc is treated with 7.4 g of pure hydrogen
chloride. What is...
asked 9 minutes ago -
In an effort to cut down on garbage, Custodial Staff remove all
the garbage/recycling/compost cans from...
asked 10 minutes ago -
Access control is an important function in data security.
Specifically, tell me why access control is...
asked 17 minutes ago -
In the "Go" button add 15 random numbers in the array using a
random number generator....
asked 19 minutes ago -
5. Draw Molecular Orbital Diagrams for C2, C2 and C2. a. Determine the bond order for...
asked 3 years ago -
The emergency room at Hospital Systems, Inc (HIS) serves
patients who arrive according to
a Poisson...
asked 31 minutes ago -
The chickens at Colonel Thompson's Ranch have a mean weight of
1850 g, with a standard...
asked 44 minutes ago -
The time married men with children spend on child care averages
5.9 hours per week (Time,...
asked 49 minutes ago -
There are many minerals which contain sliver. One of them,
smithite, is placed in water and...
asked 47 minutes ago -
22.3 g of fructose, C6H12O6,
are dissolved completely in 75.5 mL of pure water at 20.0...
asked 1 hour ago