a) Because of "scarcity" in the market people should make choices keeping the opportunity cost of the good in the mind.
b) In latin we term it as "Ceteris Paribus" .
c) She will offer the same type of food to the rat and avoid drawing any conclusion in the first trial itself. (she will have rats of different age group though.)
Answer all of these, please Attempts: Keep the Highest: rationing devices marginal costs 2. Scarcity and...
6. All other things constant or nothing else changes Yvette is a research assistant for her favorite biology professor, Dr. Ogechi. Dr. Ogechi is interested in studying the effects of aquarium temperature on the number of offspring produced by a certain species of fish. Yvette knows from her economics class that to isolate the effects of a particular phenomenon, all other things must remain the same. In Latin, this is referred to as In order to kee onay oremay atinlay...
Answer all of them, please 1. Identifying types of resources Each item described in the table falls into the resource category of labor, capital, or land. In the following table, choose the correct type of resource illustrated by each example Labor Capital Land A truck used by a delivery service company The ability to multitask, which is enhanced through college and internships A field used for crops, such as corn or wheat is an indicator of poverty generates the need...
Read the following case: Answer the questions accordingly: PLEASE MAKE COPY PASTE AVAILABLE EEOC v. Management Hospitality of Racine 666 F.3d 422 (7th Cir. 2012) OPINION BY DISTRICT JUDGE YOUNG: The Equal Employment Opportunity Commission ("EEOC") brought this action on behalf of two serv- ers, Katrina Shisler and Michelle Powell, who were em- ployed at an International House of Pancakes franchise in Racine, Wisconsin (the "Racine IHOP"), alleging that the servers were sexually harassed in violation of Title VII of...
please help! 2. Analyzing occupancy rates Bill, an economics student, says, "This articie makes no economic sense. It quotes someone as saying that the price of apartments will go up if jobs pick up in Santa Clara. But 5% of the apartments are sitting empty. Prices should go down when there is a surplus like this one." Sara, the graduate teaching assistant for Bil's section, tries to explain to him why he might be wrong. (You have to answer her...
Rita is head cocktail server at a high-volume singles bar that serves both food and drinks. She has CASE STUDY: "They Like It the Way It Is" responsibility for a large staff of part-timers, most of whom she worked with as a server before she was promoted. They are a lively bunch who regard themselves more as independent entrepreneurs doing business at this particular place than as loyal employees. Most of them pay little attention to rules, but they are...