Jill is a manager at Dow Corning who has lost five of her employees during the last year. Now she has to make a decision about how to retain the employees on her team. Having recently taken a class on decision making, Jill decides to follow the six-step process for deciding what to do.
1. What problem is Jill most likely to face during the development of alternatives step in the decision-making process?
A) Jumping to solutions before understanding the problemB) Neglecting to gather information on whether or not the plan was successfulC) Satisficing, or choosing the first solution that works, not the best solutionD) Not having the time to take all of the steps outlined in her plan

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively