Mitchell has a cause: he loves cats. as an economist, he could earn $100,000 as a faculty member, but instead he decides to devote his time to the humane society as its chief economist. knowing nothing else, you would expect that he would receive
a. higher pay at the humane society because of the difference in skill levels.
b. lower pay at the humane society because of signal theory.
c. lower pay at the humane society because of the compensating differential theory.
d. higher pay at the humane society because of signal theory.
e. the same pay as either a professor or as a chief economist at the humane society.

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.

Which factor determines who a society will produce goods and services for?

1. what are some of the barriers alibaba is facing as it expands globally?