PARIS (AP) - One was a young policewoman, unarmed on the outskirts of Paris and felled by an assault rifle. Her partner, also without weapons, could do nothing to stop the gunman. Another was a first responder with a service gun, rushing to the Charlie Hebdo offices where a pair of masked men with high-powered weapons had opened fire on an editorial meeting. Among their primary targets: the armed police bodyguard inside the room.
ATLANTA (AP) - State schools Superintendent John Barge said Friday that he will run for governor next year, setting up what will likely be a heated Republican primary against Gov. Nathan Deal in which education and school funding will be major issues.
Let's work through an example. Suppose 100 yards of fence could be built using one of two techniques. You could hire three low-skilled workers for $15 each, or you could hire one high-skilled worker for $40. Either way, you get the same 100 yards of fence built. If you sought maximum profits, which production technique would you employ? I'm guessing that you'd hire one high-skilled worker and pay him $40 rather than hire three low-skilled workers for $15 each. Your labor costs would be $40 rather than $45.