Suppose budding economist Buck measures the inverse demand curve for toffee as P=$100−DP=$100−QD and the inverse supply curve as P=SP=QS . Buck's economist friend Penny likes to measure everything in cents. She measures the inverse demand curve as P=10,000−100DP=10,000−100QD and the inverse supply curve as P=100SP=100QS . A) Find the slope of the inverse demand curve, and complete the price elasticity of demand at the market equilibrium using Buck's measurements.

B) Find the slope of the inverse demand curve, and complete the price elasticity of demand at the market equilibrium using Sally's measurements.

C) Does the slope depend on whose measurements are used?

D) Does the elasticity depend on whose measurements are used?

E) Explain why your answers to parts c and d are the same (or different).

Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities

When slick heating company switched to an activity based costing system, it realized that it was allocating a much lower percentage of factory overhead to a product line that the marketing department was trying to push. the product line may contain which type of products?

Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.