Premier co. produces park equipment and is currently producing 10,000 park benches annually. a supplier has offered to produce the bench for premier co. for $500 per bench. premier co. incurs unit-level costs of $490 per unit. premier also spends $50,000 on product design each year and incurs $100,000 of facility-level costs. calculate the avoidable production cost for premier co. to produce 1 bench.

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

Identify the three components of a family's culture and provide one example from your own experience

Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?