Business, 04.07.2020 02:01 kellyzeissss9134
Consider the simple leisure model in which the individual chooses between leisure (L) and money income (M). The marginal utility of leisure (MUL) is 15 and the marginal utility of money (MUM) is 3. At the optimum, the wage rate:
a. $45
b. $0.20
c. $5
d. $15
Answers: 2
Another question on Business
Business, 21.06.2019 18:00
Which of the following results from outsourcing jobs from the united states to other countries? a. increasing exports out the united states. b. lower wages for u.s. workers. c. reduced immigration to the united states. d. subsidies for goods made in the united states. 2b2t
Answers: 2
Business, 22.06.2019 15:20
Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
Answers: 2
Business, 23.06.2019 01:00
Tariffs and quotas are often imposed when a government is more responsive to interests, and the benefits of those trade restrictions are often ; concentrated producer; widely dispersed consumer; widely dispersed consumer; concentrated
Answers: 3
Business, 23.06.2019 02:30
Harmon inc. produces joint products l, m, and n from a joint process. information concerning a batch produced in may at a joint cost of $75,000 was as follows:
Answers: 3
You know the right answer?
Consider the simple leisure model in which the individual chooses between leisure (L) and money inco...
Questions
English, 22.10.2020 06:01
History, 22.10.2020 06:01
Health, 22.10.2020 06:01
Mathematics, 22.10.2020 06:01
English, 22.10.2020 06:01
Mathematics, 22.10.2020 06:01
Mathematics, 22.10.2020 06:01
English, 22.10.2020 06:01
Biology, 22.10.2020 06:01
Mathematics, 22.10.2020 06:01
Mathematics, 22.10.2020 06:01
