Suppose that there are two cities that are alike in every way except that one city has significantly better weather than the other city. call the city with good weather good-weather city (gwc) and the other bad-weather city (bwc). assume that the median price of a home in the two cities is originally the same. if the marginal utility of living in gwc is 500 and the marginal utility of living in bwc is 300, to make themselves better off economic theory tells us that:
a. at least some people will move from bwc to gwc, which will make housing prices rise in gwc and bwc.
b. at least some people will move from gwc to bwc, which make housing prices rise in bwc and gwc.
c. at least some people will move from bwc to gwc, which will make housing prices rise in gwc and fall in bwc.
d. at least some people will move from gwc to bwc, which will make housing prices rise in bwc and fall in gwc.

James has set the goal of achieving all "a"s during this year of school.which term best describes this goal

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.