Here is a small part of the order book for Mesquite Foods: Bid Ask
Price Size Price Size
103 100 103.5 200
102.5 200 103.8 200
101 400 104 300
99.8 300 104.5 400
a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive?

b. Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay? (Round your answer to 2 decimal places.)

c. Carlos Ramirez submits a limit bid order at 105. Will it execute immediately?

Yes

No

Carlos hears juan and rita’s complaints about the new employees with whom they have to work with, as well as their threats to quit the company. if carlos were to reassign juan and rita to new, unique roles and separate them from the ronny and bill, it would signal that carlos has moved into the stage of managing resistance.

(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.