Afurniture shop refinishes chairs. employees use two methods to refinish chairs. method i takes 0.5 hours and the material costs $9. method ii takes 1.5 hours, and the material costs $7. next week, they plan to spend 151 hours in labor and $1318 in material for refinishing chairs. how many chairs should they plan to refinish with each method? (round to two decimal places if necessary.)

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%