During your job search, you identify an IT position that requires you to obtain a very specific type of certification that is only applicable to this particular company. To obtain the position, you will need to pay for and attend a six-month training program, all at your own expense. You are very interested in the position. Using your economic knowledge, you perform a cost-benefit analysis and determine that the salary being offered makes the investment in obtaining the certification worthwhile. However, you are concerned about the possibility of a hold-up problem. Your primary concern is that:.
i. you will be unable to obtain the necessary certification
ii. the opportunity cost associated with obtaining the certification is too high.
iii. the time it takes to obtain the certification will hold up your career path.
iv. once you have invested in the certification, the prospective employer may renegotiate and offer a lower salary.

Question 1 which of the following tasks use your roommate as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough spoon cookies onto the tray unload the cookies from the oven pack the cookies 1 points question 2 which of the following tasks use the tray(s) as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough bake the cookies cool the cookies accept payment 1 points question 3 determine the task time for the following tasks. fill integer numbers into the blank (e.g., 5 rather than 5.0) wash and mixing the dough: minute(s)/order spoon cookies onto the tray: minute(s)/order set up timer: minute(s)/order bake: minute(s)/order cool the cookies: minute(s)/order pack the cookies: minute(s)/order accept payment: minute(s)/order 2 points question 4 q4: determine the cycle time for the following resources. fill integer numbers into the blank (e.g., 5 rather than 5.0) kristen (you): minute(s) roommate: minute(s) oven: minute(s) 2 points question 5 what is the capacity rate (in orders/hour) of the roommate? 1 points question 6 what is the capacity rate (in orders/hour) of the whole process? 2 points question 7 how long (in minutes) it takes to process the first order?

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Blank is the internal operation that arranges information resources to support business performance and outcomes