Profit is equal to revenue minus cost, where revenue equals price times quantity of output, while cost equals the wage rate times employment (assuming wages are the only cost of production). Assume that, on average, each firm produces 100 units of output a day, employs 90 workers, and pays a wage of $100 a day. a) As the price of output rises from $80 to $90, $100, $110, and $120, show how the profitability of firms? changes. b) At which of these price levels will firms have an incentive to raise or lower output? c) From these observations, construct an aggregate supply curve

Which of the following scenarios is an example of attentional blink? click or tap a choice to answer the question. while grading a student’s essay, a professor does not notice the mistake in the following sentence: “metacognition is the the awareness of one’s own thought processes.” a waiter is telling two friends about the daily specials when a neighboring table erupts in laughter. the friends ask the waiter to repeat the last few items because their attention was diverted by the sudden loud laughs. you watch television while you study for a language exam. the next day, you are unable to recall the majority of the new vocabulary you thought you had memorized. you are at a loud concert, and you are able to concentrate on the music while blocking out the conversations around you, cell phone rings, and other irrelevant stimuli.