Former employees of the castaways hotel in las vegas sued to recover unpaid wages they lost when the hotel went bankrupt. they sued several highlevel mangers who were also the owners of castaways, which was incorporated as an llc. the former employees contend that the managers were liable for their wages. would the managers have legal liability for unpaid wages of employees?

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery

Which of the following economic behaviors causes scarcity? a limited supply and unlimited demand b limited supply and unlimited credit c limited supply and limited regulation d limited supply and limited incentives