Joe's search costs are $5 per search. he wants to buy a video player for his wife for christmas, and the lowest price he's found so far is $300. joe thinks 80 percent of the stores charge $300 for video players and 20 percent charge $200. joe's optimal decision is to: continue to search for a lower price since the expected benefit of an additional search is $20, which exceeds his per-unit search costs. stop searching and purchase a video player for $200. continue to search for a lower price since the expected benefit of an additional search is $80, which exceeds his per-unit search costs. none of the statements is correct.

At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.