Rex Carr Could Pay $10 for a Shovel That Lasts

question 7

Multiple Choice

Rex Carr could pay $10 for a shovel that lasts one year and pay $5 a car to his brother Scoop to bury the cars, or he could buy a low-quality car smasher that costs $200 a year to own and that smashes cars at a marginal cost of $1 per car.If it is also possible for Rex to buy a high-quality hydraulic car smasher that cost $450 per year to own and if with this smasher he could dispose of cars at a cost of $.80 per car, it would be worthwhile for him to buy this high-quality smasher if he planned to dispose of

• A)at least 1,260 cars per year.
• B)at least 1,250 cars per year.
• C)no more than 625 cars per year.
• D)no more than 1,250 cars per year.
• E)at least 625 cars per year.

Understand the legalization and significance of union organizing with the Norris-LaGuardia Act.

Recognize the Civil Rights Act of 1964 as a significant governmental regulation of employer-employee relationships.

Identify the employment provisions under the Immigration Reform and Control Act.

Understand the impact of health-related legislation on state regulations and the formation of HMOs.

---

Definitions:

Middle-Class

A socioeconomic group that falls between the working class and the upper class, typically characterized by moderate income, education, and a certain level of economic security.

Social Mobility

The ability of individuals or families to move within or between social strata in a society, impacting their economic and social position.

Pecking Order

A hierarchy of status seen among members of a group of people or animals, often dictated by power, rank, or social standing.

Social Class Concept

A categorization of individuals and groups based on various factors including wealth, occupation, and education, reflecting their position within a societal hierarchy.