Learning Goal: I’m working on a micro economics discussion question and need an

Learning Goal: I’m working on a micro economics discussion question and need an explanation and answer to help me learn.Time we spend on doing something, like driving or finishing a project, is an example of an implicit cost. However, the value of that time is not the same for us throughout the day. Class, how do we measure the value of our time? How can we valuate time correctly? What does everyone think?
Requirements: 175 words

Learning Goal: I’m working on a micro economics practice test / quiz and need an

Learning Goal: I’m working on a micro economics practice test / quiz and need an explanation and answer to help me learn.In monopolistically competitive markets, what is correct about economic profits? a. They signal some incumbent firms to exit the market. b. They signal new firms to enter the market. c. They are maintained through government-imposed barriers to entry. d. They are not possible.
Requirements: short