Multiple Choice
A firm will have constant profits of $100,000 per year for the next four years and the interest rate is six percent.Assuming these profits are realized at the end of each year, what is the present value these future profits?
A) $325,816.
B) $376,741.
C) $400,000.
D) $346,511.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: The primary inducement for new firms to
Q35: Producer−producer rivalry functions:<br>A) only when multiple sellers
Q39: Suppose total benefits and total costs are
Q66: The higher the interest rate:<br>A)the greater the
Q67: A farm must decide whether or not
Q68: If the interest rate is 10% and
Q69: New firms have incentive to enter an
Q71: The behavior of bidders in an auction
Q73: Suppose the growth rate of the firm's
Q75: Trade will take place:<br>A)if the maximum that