Indicate whether each of the following examples of behavior is consistent with the way the traditional economic framework suggests people should act, or whether it is reserved for behavioral economists to examine.
a. Some people choose to work fewer hours after receiving a raise at work.
b. Some people sacrifice disposable income to help their children pay for college.
c. Some people care about how much money they make relative to other people rather than their absolute level of income.
d. Some people treat $55 they earn differently from $55 they win from a lottery ticket.
Answers: 2
Business, 22.06.2019 14:30
United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.
Answers: 2
Business, 22.06.2019 18:50
)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs
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Business, 22.06.2019 20:40
Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.
Answers: 3
Business, 23.06.2019 12:00
Housing prices in a certain neighborhood average at $113.81 per square foot. if one house in this neighborhood is 2100 square feet, what should it be priced at?
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Indicate whether each of the following examples of behavior is consistent with the way the tradition...
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