Suppose that the economy enters into a recession and that, as a result, rusty z. wrench loses his job as a delivery truck mechanic and remains unemployed. when the economy recovers, rusty's previous employer rehires him. what is the best classification for his time as an unemployed truck mechanic? a. structurally unemployed b. frictionally unemployed c. cyclically unemployed d. seasonally unemployed

Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is