Suppose there are two types of employees: type-a and type-b. employers cannot distinguish between the two but know that type-a employees are more productive. specifically, the value of a type-a employee to the firm is $20 and the value of a type-b employee is $10. the cost of education for type-a employees is 2e, where e is a year of education; the cost for type-b employees is 4e. if type-a employees make up 25 percent of the population, what is the pooling equilibrium?

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.

Which term best describes the statement given below? if p = q and q = r, then p = r