Given the scenario in the previous question (each tax return…

Given the scenario in the previous question (each tax return is worth approximately $20, employees are paid approximately $10 per hour worth of benefits), what if you were more productive and could complete 5 tax returns per hour. What is the most (in terms of cash wage) can the employer pay you, assuming everything else is the same? 

A manager wants to do a market study before launching a new…

A manager wants to do a market study before launching a new product. The research study will take three months to complete. Just two weeks before starting the study, she learns that one of her company’s competitors is about to launch a product that will compete directly with her company’s new product. Based on this new information, she decides to cancel the research study and launch the product immediately. Which of the following is most likely the reason for cancelling the study?

Suppose you are considering buying another slice of pizza. T…

Suppose you are considering buying another slice of pizza. The first slice of pizza you bought was $2, but because you were so hungry, you would have been willing to pay as much as $5 for it. The second slice was also $2, but you were less hungry after the first, and were willing to pay as much as $3 for it.  If the pizza place offered a deal on Thursdays where you can buy 1 slice for $2 or 2 slices for $3. What is the marginal cost of the second slice?