Use the Information Below to Answer the Following Questions

question 84

Multiple Choice

Use the information below to answer the following questions.
Fact 9.2.1 You May Be Paid More (or Less) Than You Think
It's so hard to put a price on happiness,isn't it? But if you've ever had to choose between a job you like and a better-paying one that you like less,you probably wished some economist would tell you how much job satisfaction is worth.Trust in management is by far the biggest component to consider.Say you get a new boss and your trust in management goes up a bit (say,up 1 point on a 10-point scale) .That's like getting a 36 percent pay raise.In other words,that increased level of trust will boost your level of overall satisfaction in life by about the same amount as a 36 percent raise would.
Source: CNN,March 29,2006
-Refer to Fact 9.2.1.The news clip implies that the marginal rate of substitution is ________,which is likely ________ implication.

• A)constant;a correct
• B)constant;an incorrect
• C)decreasing;an incorrect
• D)decreasing;a correct
• E)incorrect;an incorrect

Describe prezygotic and postzygotic reproductive isolating mechanisms.

Explain the implications of sexual selection for speciation.

Identify examples of speciation occurring with and without geographic isolation.

Understand the role of genetic mechanisms in reproductive isolation and speciation.

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Definitions:

Required Return

The minimum expected return by investors for providing capital, based on the risk of the investment.

Operating Assets

Assets used in the daily operations of a business to generate revenue, such as machinery, building, and equipment.

ROI

Return on Investment; a performance measure used to evaluate the efficiency of an investment or compare the efficiency of several investments.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate budgeting in variable cost situations.