Suppose that three consumers are in the market for good X. Consumer 1's (inverse) demand is P X = 40 − Q X; Consumer 2's (inverse) demand is P X = 50 − 2Q X; and Consumer 3's (inverse) demand is P X = 70 − 4Q X. When P X = $20, the market will demand:
a. 47.5 units. b. 41 units. c. 19.5 units. d. None of the statements is correct.

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold.mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Why is job security of such importance to workers?

According to the balanced budget multiplier, an increase in government spending of $10,000 that is financed by an increase of $10,000 in taxes will have what effect on the economy when mpc is 0.80?