subject
Business, 16.03.2020 17:46 erinolson07cats

Hilary is a retired teacher who lives in Miami and does some consulting work for extra cash. At a wage of $50 per hour, she is willing to work 10 hours per week. At $65 per hour, she is willing to work 19 hours per week.

Using the midpoint method, the elasticity of Hilary’s labor supply between the wages of $50 and $65 per hour is approximately ___ , which means that Hilary’s supply of labor over this wage range is ___ .

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:30
Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.
Answers: 1
question
Business, 22.06.2019 21:40
Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.
Answers: 2
question
Business, 22.06.2019 23:00
To increase sales, robert sends out a newsletter to his customers each month, letting them know about new products and ways in which to use them. in order to protect his customers' privacy, he uses this field when addressing his e-mail. attach bcc forward to
Answers: 2
question
Business, 22.06.2019 23:30
Match the different financial tasks to their corresponding financial life cycle phases wealth protection, wealth accumulation and wealth distribution
Answers: 3
You know the right answer?
Hilary is a retired teacher who lives in Miami and does some consulting work for extra cash. At a wa...
Questions
question
Mathematics, 22.04.2021 19:10
question
Mathematics, 22.04.2021 19:10
question
Mathematics, 22.04.2021 19:10
question
Mathematics, 22.04.2021 19:10
question
Mathematics, 22.04.2021 19:10