Suppose that Neha is a diligent hardworking fourthyear college student. One Friday, she decides to start the day by working through practice problems to study for the informatics class. Using a table to track her progress throughout the day, she notices that as the hours pass, it takes her longer to solve the problems.
tableTimeTotal Problems Solved: AM: AM: AM: AM: AM
Use the table to answer the following questions.
The marginal, or additional, gain from Bella's first hour spent working, from : AM to : AM is problems.
The marginal gain from Bella's third hour spent working, from : AM to : AM is prablems.
The following week, Bella's informatics faculty advisor gives her some advice. In all their years of teaching they claim to observe that working on multiple choice questions boosts a student's test score by about the same amount as spending an hour reviewing lecture notes. For simplicity, assume students are able to review lecture notes at a constant pace during each hour spent studying.
For each of the following activities, identify the flow of dollars as either householdtofirm or firmtohousehold
Activity
Flow of Dollars
Kevin earns $ per hour working at a library.
Maria pays a storekeeper $ for a quart of yogurt.
Ana earns $ from her ownership of Acme Industrial.
Simone spends $ for a swimming lesson.
For each of the following activities, identify the flow of dollars as either householdtofirm or firmtohousehold
Activity
Flow of Dollars
Kevin earns $ per hour working at a library.
Maria pays a storekeeper $ for a quart of yogurt.
Ana earns $ from her ownership of Acme Industrial.
Simone spends $ for a swimming lesson.