A restaurant hires cooks and waiters. Cooks earn $10 an hour; waiters earn $5 an hour. The manager, who wants to maximize the number of meals served given a fixed payroll of $45 per hour, expects the following from cooks and waiters:  Given the above information, at the optimal choice, the last dollar spent on hiring waiters yielded

The rate targeted by the Federal Reserve System as it conducts monetary policy is the ________

A) discount rate B) prime rate C) Treasury bill rate D) fed funds rate

Refer to the graph shown. Assume the market is initially in equilibrium at point j in the graph but the imposition of a per-unit tax on this product shifts the supply curve up from S0 to S1. The amount of revenue the government will collect from this tax is equal to the area of:

A. triangle ach. B. triangle egi. C. rectangle chie. D. rectangle bkjd.