Burger King is a monopolistically competitive firm. Because…

Burger King is a monopolistically competitive firm. Because of an increase in the minimum wage, Burger King’s marginal costs increase but its demand curve stays the same. As a result, Burger King ____ the quantity of meals it produces and ____ their price.

Consider that a species of salmon lays 20,000 eggs per pair…

Consider that a species of salmon lays 20,000 eggs per pair when it spawns and dies. At the end of five years, an average of one pair of mature salmon from this group of hatched eggs returns again to spawn in the parent stream (19,998 have not survived). What is the growth rate of this population?