Scott earns $16. 85 per hour at his job. He works 7 hours per day, 4 days per week. What is Scott’s gross monthly income for 4 weeks? a. $471. 80 b. $943. 60 c. $1,415. 40 d. $1,887. 20 Please select the best answer from the choices provided A B C D.

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?