1. Imagine that you have just graduated from college and have obtained your first job near the area in which you grew up. You are not married and plan on living alone. Then answer the questions below. (a) Describe the best location for you to live. (1-3 sentences. 0.5 point) (b) Identify how much space you will need. (1-3 sentences. 0.5 point) (c) Determine how long you plan to live there. (1-3 sentences. 0.5 point) (d) Identify the general safety in the location that you are considering. (1-3 sentences. 0.5 point) (e) What amenities will you need? (1-3 sentences. 1 point)

After jeff bezos read about how the internet was growing by 2,000 percent a month, he set out to use the internet as a new distribution channel and founded amazon, which is now the world's largest online retailer. this is clearly an example of a(n)a. firm that uses closed innovation. b. entrepreneur who commercialized invention into an innovation. c. business that entered the industry during its maturity stage. d. exception to the long tail business model

White truffles are a very prized and rare edible fungus that grow naturally in the countryside near alba, italy. suppose that it costs $200 per day to search for white truffles. on an average day, the total number of white truffles (t) found in alba is t = 20x − x 2 , where x is the number of people searching for white truffles on that day. white truffles can be sold for $100 each. if there is no regulation, how many more people will be searching for white truffles than the socially optimal number?

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.