John Henry can prepare his own tax return in 15 hours or hire Mary Jane, who is a a tax specialist, to prepare it for John Henry in 2 hours. The value of John Henry's time is $11.00 an hour; Mary Jane will charge John Henry $55 an hour. The opportunity cost to John Henry of preparing his your own tax return is

"Diminishing Returns in Microbrewing? Your microbrewery produces craft beer, using a single vat, various ingredients, and workers. If you double the number of workers and ingredients, but don’t add a second vat, would you expect your output (gallons per hour) to double? Explain.If you double the number of workers and ingredients and add a second vat, would you expect your output (gallons per hour) to double? Explain."

Do not use Ai.

During the Middle-Ages, the African city of Taghaza (located in modern day Mali and known as one of the hottest and driest places on Earth, it gets 11 millimeters of rain a year and the average high temperature from April to September is over 100 degrees) quarried salt sent to market in Timbuktu (also in Mali). With the climate being so hot and dry, locals used salt blocks for construction of buildings. Compared to other towns without salt was the demand for wood more or less elastic in Taghaza? Why?

Suppose the local economy experiences an influx of both skilled and unskilled workers, what will happen to prices of goods and services? Group of answer choices Since this increases the supply of labor, prices and wages both decrease. Since this increases the demand for labor, prices and wages both increase. Since this decreases the supply of labor, prices and wages both decrease. Since this increases the marginal product of labor, prices and wages both decrease.   A worker on a Texas oil rig is likely to earn _______ than a reception because _________. Group of answer choices less; the job has unattractive characteristics. more; the job is more fun. more; the job is more prestigious. more; the job is more dangerous.   please answer two questions

Next, consider an example of DWL in the labour market. Suppose the demand for labour is given by the fixed gross wage W = $16. The supply is given by W = 0.8L. (a) Illustrate the market geometrically. (b) Calculate the equilibrium amount of labour supplied, and the supplier surplus. (c) Suppose a wage tax that reduces the wage to W = $12 is imposed. By how much is the supplier’s surplus reduced at the new equilibrium?

Emily regularly works from 8:00 am to 5:00 pm. Because of an emergency in the workplace, she worked from 8:00 am to 7:00 pm on Christmas day. How much will be her total pay for that day if her daily wage is P400?

In a country the Government determines to increase the tax on gasoline by $0.20 per gallon. The price of gasoline after taxes though only goes up by $0.15. Does this mean the gas station is not collecting the correct amount of taxes?