Sharon and Paolo need to decide which one of them will take time off from work to complete the rather urgent task of changing the brakes on their car. Sharon is pretty good at car repairs; she can change the brakes in 30 minutes. Paolo is somewhat slow; it takes him 5 hours to change the brakes. Sharon earns $110 per hour as a psychiatrist, while Paolo earns $25 per hour as a cobbler. Keeping in mind that either Sharon or Paolo must take time off from work to change the brakes, who has the lower opportunity cost of completing the task

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.

cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a five−day lead−time. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminus−service level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units

How do communism and socialism differ in terms of the role that government plays in the economy ?