50 outof 50 points (100%)
10 out of
What is the maximum amount you would pay for an asset thatgenerates an income of $250,000 at the end of
each of ﬁve years, ifthe opportunity cost ofusing funds is 8 percent?
Instructions: Do not
1 10.00 points
The demand curve for a product is given by Qxd = 1,200 - 3PX - 0.1 PZ where PZ = $300.
a. What is the own price elasticity ofdemand when PX = $140? ls demand elastic or inelastic at this price? What would happen to the ﬁrm’s