Hansel and gretel, a married couple, manage apartments and they are required to live in the managers' apartment as a condition of their employment. instead of providing the apartment to hansel and gretel rent-free, the owner of the apartment building gives hansel and gretel a housing allowance of $600, which they use to pay rent on the managers' apartment. hansel and gretel pay $600 per month in rent. if they did not live in the managers' apartment, hansel and gretel could live in another apartment building where they would only pay $500 in rent. what amount, if any, must be included in hansel and gretel's gross income?

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

$2.00 for three shots.

answer; the landlord can sue the renter,and the renter loses the security deposit;