a perfectly competitive market. 2. A manager derives satisfaction from income and leisure on the job (shirking). a. If the manager is paid a fixed salary of $100‚000‚ how much leisure will he or she consume on the job during an eight-hour day? Explain. b. When the manager is given a salary of $100‚000 plus 10 percent of the firm’s profits‚ she or he chooses to spend six hours managing and two hours consuming leisure. Salary and bonus total $120‚000. Does the manager necessarily prefer this situation
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Book II 1. Describe the geography of Utopia - “ The island of Utopia is in the middle 200 miles broad‚ and holds almost at the same breadth over a great part of it; but it grows narrower toward both ends. Its figure is not unlike a crescent: between its horns‚ the sea comes in eleven miles broad‚ and spreads itself into a great bay‚ which is environed with land to the compass of about 500 miles‚ and is well secured from winds. In this bay there is no great current; the whole coast is‚ as it
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When one is writing‚ they use a method called the Writing process. Every individual has their own way of going about this process. The four distinct steps that are involved in this is prewriting‚ drafting‚ revising‚ and editing. Any good writer will follow these steps to make a successful paper. I was asked to pick a metaphor that would describe my type of writing. Through countless minutes of thought I saw one that I think fit perfectly. I chose “ Writing is like trying to smooth ripples from
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3 Key Elements of Economics There are many key factors that make up the economic system all which must work together in order to effectively direct scarce inputs into wanted outputs. For this purpose the focus will be on 3 of those key elements. this includes the idea of no such thing as a free lunch‚ transactions as an obstacle to trade‚ and how the invisible hand directs buyers and sellers toward activities that increase general welfare. All three of these elements are essential for a greater
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homes in france by french police. They were kept in a stadium called the Vel d’Hiv‚ and treated like animals. The book “Sarah’s Key” takes place in France 1942 and 2002. Sarah‚ a jewish girl‚ hears a knock at the door and french police take her‚ her mom‚ and dad away. Years later Julia‚ an American living in paris‚ finds out that she lives in the same apartment Sarah use to live in. She gets curious and discovers what happens to Sarah in her lifetime. The most important lines in this
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Teaching is one of the most wonderful and most rewarding careers there is. Teaching is also one of the most demanding careers‚ and many novice teachers find themselves tired and overwhelmed. In order to become an effective teacher‚ one should learn the keys to successful teaching: Preparation A good teacher is always prepared. Be sure to have lesson plans for the whole classroom activities. Students should have a warm-up activity before entering main lesson. This activity can be a review or
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35 milliliters‚ 3.5 x 10-2 L‚ 10 deciliters‚ 1 L‚ 7 kiloliters 7 x 103 L ii) Convert using scientific notation to grams: 6 mg‚ 6 x 10-3 g‚ 21 µg‚ 2.1 x 10-5 g‚ 503 ng‚ 5.03 x 10-7 g‚ 10 kg‚ 1 x 104 g 2. Which of the following properties of water explains its ability to dissolve acetic acid? (there may be more than one correct answer) a. The high surface tension of water‚ which is due to the formation of hydrogen bonds between adjacent water molecules. b. The ability to serve as a buffer‚ absorbing
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same necklace. Three keys of different size‚ shape and texture hang heavy from a thick‚ bronze chain. A strange metallic stench often radiates from where it lay against my chest. It only comes off my neck just before I head off to bed‚ no sooner‚ no later. Occasionally‚ however‚ I will forget to replace it around my neck. On these days I am less stable‚ since I have grown accustomed to
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You have been hired by the management of Alden‚ Inc. to review its control procedures for the purchase‚ receipt‚ storage‚ and issuance of raw materials. You prepared the following comments‚ which describe Alden’s procedures. ?c Raw materials‚ which consist mainly of high-cost electronic components‚ are kept in a locked storeroom. Storeroom personnel include a supervisor and four clerks. All are well trained‚ competent‚ and adequately bonded. Raw materials are removed from the storeroom only upon
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Descriptions Life is one of those words that can be shaped however one may please and turned into an idea suited for themselves. For example‚ “Life is like photography. You need the negatives to develop” (Brown). There are many metaphors used to describe life depending on whether it is an optimistic or pessimistic view. Two comparisons some may make about life are having to do with having their life course mapped out and then‚ to its polar opposite‚ going through each day without a clue. For instance
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