Shannon is the mother of a 3-year old. She currently stays home with her child. Before giving birth, Shannon worked as a marketing consultant making $ 38 comma $38,000 annually. The cumulative opportunity cost of Shannon's decision to stay at home with her child is $

nothing. Shannon is offered a position with a marketing company that pays $34,000 annually. However, Shannon would need to spend an additional $1,700 per month for day care services for her child. The annual opportunity cost of Shannon turning this job down is $

6.Revenge of the Panthers" becomes a wildly successful movie for Ork Studios. It cost $ 110 million to make, and grossed $375 million at the box office worldwide. Its star, J.P. Cruise, has demanded an additional $15 million fee to star in "Revenge of the Panthers 2". Factoring in this fee increase, and an average drop of 30% in revenue for a sequel, Ork Studios can expect a profit of $? million from this sequel. (Enter your response rounded to one decimal place.)

11.Broderick is an orthopedic surgeon, successfully mending broken bones and sewing together severed tendons. But this skill has allowed for Broderick to become skilled at sewing. He can sew a couture dress in 1/4 of the time it takes most skilled fashion designers in the industry.

If Broderick earns $ 15 per minute for his orthopedic surgeon technique, but can earn $1,800 for a dress he made in 4 hours, Broderick can earn (?) more performing surgery in the same time period. Considering the marginal benefit and marginal cost, will "Revenge of the Panthers 2" be made into a film?

Yes

No

14.Wonderful Wireless is an independent dealer of cellular phones. Wonderful Wireless pays Jason $10

10 an hour to sell phones. The table below shows how many phones Jason will sell for each hour he works. Each phone earns Wonderful Wireless $30.

Hours Worked Total Phones Sold

0 0

1 5

2 9

3 12

4 15

5 17

6 18

7 18

How many hours should Wonderful Wireless have Jason work?(?)hours.

17.Daniel visits the local supermarket and spends $ 44 on his groceries each week. A shock to the markets caused rapid inflation to set in. In one week, inflation caused an increase in prices of 13%. The next week when Daniel returns to the supermarket, he will now have to pay $(?) for the same groceries he had purchased last week. (Enter your response rounded to two decimal places.)