You are a professor of economics at a university. you've been offered the position of serving as department head, which comes with an annual salary that is $9.500 higher than your current salary. however, the position will require you to work 200 additional hours per year. suppose the next best use of your time is spending it with your family, which has value of $20 per hour. what is the difference in the net benefit from becoming the department head?

$          27.50           per hour

$    5,500.00           per year

Explanation:

                                                $  

Salary upgrade:                  9,500.00   annual

Additional Working Hours :     200.00         yearly

Family hours value:               20.00   hourly

Additional Working Hours: Value determination:  

        Salary upgrade     =

 Additional Working Hours    

9.500 / 200 =  47.50  

Additional hours value:  $ 47.50  

Net Benefit determination  

  Additional Working hours value - Family Hours value  =  

  47.50 - 20.00  = 27.50  

$          27.50    per hour

$    5,500.00          per year   ( 27.50 * 200 hours )

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability

answer; blank(1); /// whitelisting; blank(2); // blacklisting;