According to economists, one reason few professional athletes have phd’s is that the: a. marginal cost of going to graduate school is too high. b. explicit cost of going to graduate school would be too high. c. comparative cost of going to graduate school is too high. d. opportunity cost of going to graduate school is too high. e. marginal benefit of going to graduate school is too high.

The servers at gerry frasier's busy ice cream shop decided that putting more ice cream in the sundaes and cones would bring back more customers. after three months, gerry was surprised to discover that his profit had

Zowns a disability income policy with a 30-day elimination period. z contracts pneumonia that leaves him unable to work from january 1 until january 15. z then becomes disabled from an accident on february 1 and the disability lasts until july 1 the same year. z will become eligible to receive benefits starting on

Sri lanka is one of the major tea producing nations in the world. a substantial portion of the country's annual tea production gets exported to various countries, including the united arab emirates, russia, and other countries in the middle east. given the success in these countries, sri lanka decided to foray into the asian market. research evidence indicated that people in myanmar are major consumers of tea and that there is a high demand for tea in that country. this convinced industry experts in sri lanka that exporting to myanmar was a good idea. even though sri lankan tea was priced competitively, sales in myanmar turned out to be far lower than expected. which of the following, if true, could explain this outcome? a. myanmar exported a substantial amount of its annual tea production that year. b. the tea exported from sri lanka is of the highest quality. c. the myanmar government hiked the minimum wage for labor. d. people in myanmar are willing to pay more for their domestic tea brands than for foreign brands. e. sri lankan tea exports to other asian countries like india and china have also not been very successful.