Joe is graduating from high school and decides to pursue his dream to become a lawyer. He isn’t sure he can afford to stay in school for that long. Currently, he works part-time at a retail store, and he may be promoted to assistant manager if he stays there. Use the bar graph and the information in this paragraph to list three Costs and three Benefits that will help Joe evaluate whether he made a good decision to pursue a professional degree over continuing a career in retail. *

Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases. b. the equilibrium wage increases and the equilibrium quantity of labor decreases. c. the equilibrium wage decreases and the equilibrium quantity of labor increases. d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.

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