Examlex

Solved

Marilyn Is a Journalist

question 7

Essay

Marilyn is a journalist.She is considering two possible jobs.One job is as an editor for a magazine.The other job is writing freelance articles and selling them to whoever will buy them.If she works for the magazine, she must spend 10 hours a day at work and commuting.She will be paid $130 a day net of commuting costs and taxes if she takes this job.If she writes freelance articles, she can work at home and as many hours a day as she pleases.She estimates that she would earn $10 an hour after taxes if she does this.Her utility function is U = (R3)C, where R is the number of hours a day she spends not working or commuting and C is her earnings.
a.If Marilyn chooses to freelance, how many hours will she work?
b.Calculate her utility in each job and identify which job she will choose.

Prepare and interpret statements of partnership equity.
Calculate the distribution of partnership net income under different agreements.
Evaluate the impact of partner investments and withdrawals on capital accounts.
Identify legal and contractual implications in partnership agreements.

Definitions:

Behavior Disorder

A type of disorder that involves a pattern of disruptive behaviors in children and adolescents that last for at least six months and cause problems in school, at home, and in social situations.

Exaggerated Major Symptoms

Refers to the intensification or overstatement of primary symptoms of a disease or disorder beyond their actual manifestation.

Influence of Labeling

The effect of how the naming or categorization of individuals or behaviors impacts perceptions, attitudes, and outcomes.

Teenage Girls

Female individuals undergoing adolescence, typically between the ages of 13 and 19.

Related Questions