In book 23 of homer's iliad are these words: "the winner was to acquire a fire-straddling tripod valued at twelve oxen by the akhaians. as for the loser, in their midst akhilleus placeda woman versatile at crafts, whose value was four oxen." what does this passage tell us about economics in the iliad? a. oxen were used as the unit of account. b. oxen were used as the medium of exchange. c. oxen were the best way to store wealth. d. oxen were used as legal tender

You are the manager of a firm that produces output in two plants. the demand for your firm's product is p = 20 − q, where q = q1 + q2. the marginal costs associated with producing in the two plants are mc1 = 2 and mc2 = 2q2. how much output should be produced in plant 1 in order to maximize profits?

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of

Because gloria's immediate concern was the perceived gender discrimination, she would be more concerned about than intent, resultsresults, intentstatistics, trendsrace,gendergender,race