Suppose that eric, an economist from a business school in georgia, and ginny, an economist from a public television program, are arguing over saving incentives.

the following dialogue shows an excerpt from their debate:
ginny: i think it’s safe to say that, in general, the savings rate of households in today’s economy is much lower than it really needs to be to sustain the improvement of living standards.
eric: i think a switch from the income tax to a consumption tax would bring growth in living standards.
ginny: you really think households would change their saving behavior enough in response to this to make a difference? because i don’t.
the disagreement between these economists is most likely due to .
a. difference in values
b. difference in scientific judgements
c. difference in perception versus reality

despite their differences, with which proposition are two economists chosen at random most likely to agree?

a. employers should not be restricted from outsourcing work to foreign nations.
b. central banks should focus more on maintaining low unemployment than on maintaining low inflation.
c. business managers can raise profit more easily by reducing costs than by raising revenue.

Baldwin has negotiated a new labor contract for the next round that will affect the cost for their product bold. labor costs will go from $7.91 to $8.41 per unit. in addition, their material costs have fallen from $13.66 to $12.66. assume all period costs as reported on baldwin's income statement remain the same. if baldwin were to pass on half the new costs of labor and half the savings in materials to customers by adjusting the price of their product, how many units of product bold would need to be sold next round to break even on the product?

Problem 2-18 job-order costing for a service company [lo2-1, lo2-2, lo2-3]speedy auto repairs uses a job-order costing system. the company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly wages. speedy's overhead costs include various items, such as the shop manager's salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 10,000fixed overhead cost $ 90,000variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate.2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 600direct labor cost $ 180direct labor-hours used 2 compute mr. wilkes' total job cost. 3. if speedy establishes its selling prices using a markup percentage of 30% of its total job cost, then how much would it have charged mr. wilkes?

Match the steps for conducting an informational interview with the tasks in each step.