Difference between revisions of "Economics Homework Eleven Answers - Student Fifteen"
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:Perfect work. Well done. 50/50.--[[User:Aschlafly|Andy Schlafly]] 21:54, 5 December 2009 (EST) | :Perfect work. Well done. 50/50.--[[User:Aschlafly|Andy Schlafly]] 21:54, 5 December 2009 (EST) | ||
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Revision as of 20:52, February 28, 2010
IsaacZ
1. I would want him to pay interest because the interest will pay for the service I am giving him by letting him use my money.
- Good.
2. $1102.50
- Correct!
3.I think that it is a fixed cost because you are not paying for each individual to go on the bus but are paying for the bus and its certain amount of seats.
- Right.
4. I think the concept "Time is money" motivates me the most because it shows that the more time you waste the less efficient you are.
- Superb.
5.
- OK.
6. Number 16, when total revenue is maximized, no more units are being made.
- Good.
- Perfect work. Well done. 50/50.--Andy Schlafly 21:54, 5 December 2009 (EST)