The employment of teaching assistants by major universities can be characterized as a monopsony. Suppose the demand for and supply of TAs can be characterized by the following equations: L = 100,000 – 50w. L =- 10,000 + 75w. (Demand for labor; MV) (Supply of labor; AE) where w is the wage (as monthly salary), and L is the number of TAs hired.

A. If the university takes advantage of its monopsonist position, how many TAs will it hire? What wage will it pay? What are the university's monopsony rents?
B. If, instead, the university was forced to act as a perfect competitor, how many TAs would it hire?
C. Calculate the change in consumers' surplus, the change in producers' surplus, and the deadweight loss when moving from the efficient solution to the monopsony solution.
D. Calculate the Lerner Index of Monopsony Power using two different formulas.

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

(select all that apply) examples of email use that could be considered unethical include denying receiving an e-mail requesting that you work late forwarding a chain letter asking for donations to a good cause sending a quick message to your friend about last weekend sending your boss the monthly sales figures in an attachment setting up a meeting with your co-worker sharing a funny joke with other employees

How does the federal reserve stabilize and safeguard the nation’s economy? (select all that apply.) it distributes currency and oversees fiscal conditions. it implements american monetary policy. it regulates banks and defends consumer credit rights. it regulates and oversees the nasdaq stock exchange.