Ms. Hart wrote a post card to her Japanese friend, Mr. Tanak…

Ms. Hart wrote a post card to her Japanese friend, Mr. Tanaka, who currently lives in the U.S. Read the letter and answer the following questions. (4) Useful words: おひさしぶりです: Long time no see, お城(しろ): castle, ヘビ: snake   田中さんへ、  おひさしぶりです。今、沖縄(おきなわ)にいます。ここはちょっと暑(あつ)いですが、とてもてんきがいいです。沖縄(おきなわ)の町(まち)はとてもきれいですよ!  昨日(きのう)、沖縄(おきなわ)のお城(しろ)をみました。とても大(おお)きかったです。それから、海(うみ)と川で写真(しゃしん)をとりました。  今日は、まちで沖縄(おきなわ)の音楽(おんがく)を聞(き)きました。とてもいい音楽(おんがく)でした。田中さんのおみやげにそのCDを買(か)いました。  あ、それから、ヘビのお酒(さけ)ものみました!ちょっとこわかったです。 学校(がっこう)でたくさん話(はな)しましょう。じゃあ、また!                                                                                  メアリー・ハート    a. Okinawa is very beautiful and the weather is very good. [a] b. Ms. Hart took many pictures at the castle and the river. [b] c. Ms. Hart enjoyed Okinawan music in town. [c] d. Ms. Hart bought a snake sake for Mr. Tanaka. [d]

Information for questions 5-7 The following figure shows thr…

Information for questions 5-7 The following figure shows three isoquants for a firm that produces candy, with units of labor on the horizontal axis, and units of capital on the vertical axis. Each isoquant is labeled with the output of candy that its combinations of labor and capital produce. Note that each grid spacing is 0.25 on both axes. Also shown are some auxiliary lines in solid black. The steepest line has slope = 2, and the three flattest lines all have slope = 1 (all of these slopes are in absolute value). Note that each of the auxiliary lines is tangent to an isoquant, and that its tangency point is marked with a dot. Suppose that the wage is 40 and rental price is 40. Which of the following would be on the firm’s expansion path?