Joyce murphy runs a courier service in downtown seattle. she charges clients $0.62 per mile driven. joyce has determined that if she drives 2,900 miles in a month, her total operating cost is $950. if she drives 4,000 miles in a month, her total operating cost is $1,192. required: 1. using the high-low method, determine joyce’s variable and fixed operating cost components.

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.