Recent content by rmon

Excellent, thanks!

ILikeSerena: Thank you SO much for your help, I really appreciate it:) From your reply I realized that I had completely forgot about substituting for w2 which seems silly in retrospect! I have one follow-up question: what do you mean by a number of minus signs? Oh, and I made things confusing by...

I've spent all day on this problem and am wasting precious time needed for other work - please give any input you can! The question: given two wages, w1 and w2 where w2 > w1... a. the difference between the wages as a proportion of the lower: a = (w2 - w1) / w2 b. the difference between the...