Jen has a PhD in economics and has been working for 3 years part-time as an instructor; she has always hoped to be hired as a full-time faculty member. The best way to describe Jen is to say she is:

The marginal benefit and marginal private cost curves for aphrodisiacs are given as follows:

MB = 200 - Q MPC = Q In addition to private costs, there is a marginal external cost of $10 per unit of output. What is the efficient level of output? A) 0 B) 55 C) 95 D) 100 E) none of the above

Two key differences in households today relative to those in the 19th century are that households today have:

a. increased production of goods and services and lower rates of female employment outside the home. b. increased reliance on markets for goods and services and lower rates of female employment outside the home. c. increased production of goods and services and higher rates of female employment outside the home. d. increased reliance on markets for goods and services and higher rates of female employment outside the home.