A delivery service company hires messengers to deliver expensive goods around a wealthy city. Each messenger has a vehicle that he or she brings to the job. Therefore, the only input the company needs to choose is the number of messengers to hire per day. Because the items are expensive and often heavy, it may take several messengers (a team of messengers) to make a single delivery
The market for delivery services in the city is competitive, so the company charges a flat-rate competitive price per delivery (let P stand for that price). The market for messengers is also competitive, so the company pays its messengers a competitive daily wage (let wstand for the wage).
The number of deliveries per day depends on the number of messengers. Specifically, the number of deliveries (y) depends on the number of messengers (2), according to the following function:
y = x^4/5 1st attempt
Part 1 (1 point) Feedback See Hint Suppose the price for each delivery is $340 and the daily wage paid to each messenger is $68. If the firm wants to maximize profits, it will hire Ⓡ 12 messengers per day.

Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?

Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.

According to this excerpt, a key part of our national security strategy is