Driving 15000 miles, split between city and highway, will require (roughly) 500 gallons in a Corolla but only 325 gallons for a Prius. Say that the government introduces a plan to improve fuel economy in the US as much as if people were moving from Corollas to Priuses. If 10% of all cars (i. e. 24 million of the 240 million out there in 2011) upgrade in this way, and each person drives 15000 miles per year as described above (and all gas comes from the amount imported), then by what percent would US imports of petroleum decrease

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?

Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand