It’s friday and you have just picked up your paycheck from your part-time job. after taxes you have made $172.83 over the last two weeks. what are you going to do with the money? list the specific amounts you would spend and what you would spend them on. describe the tradeoffs and opportunity costs involved in your decisions.
type your response here in paragraph form (at least 7 sentences):

Because the demand for wheat tends to be inelastic. true or false

In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.