Several important assumptions underline the Cost-Volume-Profit analysis. These types of assumptions often help focus your analysis of sales and costs. A common application of Cost-Volume-Profit analysis is a tool to forecast sales, costs, and income. Assume that you are actively searching for a job. Write (i. e. discuss) about several assumptions you will personally make relating to your personal expected revenue (i. e. salary) and also write (i. e. discuss) about several assumptions you will personally make relating to your personal expected costs for the first year of your new job.

List three major educational changes over the past 100 years that have positively influenced students. explain why these changes were influential.

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)