jack has been using candlone printer ink cartridges for almost a decade. his knowledge about this brand of printer ink is high and he is sure that he likes the product and wants to continue using it. in the context of consumer learning, jack: select one:

a. is likely to experience products vicariously.
b. can easily collect evidence.
c. is unlikely to generate new hypotheses.
d. will be able to overlook his expectations.
e. will be able to process new information.

Uppose the book-printing industry is competitive and begins in a long-run equilibrium. then hi-tech printing company invents a new process that sharply reduces the cost of printing books. suppose hi-tech's patent prevents other firms from using the new technology. which of the following statements are true about what happens in the short run? check all that apply. hi-tech's average-total-cost curve shifts downward. hi-tech's profits increase. the price of books remains the same. hi-tech's marginal-cost curve remains the same.

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?