An accident happened during the time a trained worker was working on a cutting machine. Two of her fingers were deeply injured and machine stopped working. Define the types of the costs the employer should consider associated with the accident

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?