How many years will it take for your money to double if fees are 1.5% per year (not uncommon in the mutual fund industry)?

Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. at what rate does the firm just break even?

Asteel company sells some steel to a bicycle company for $100. the bicycle company uses the steel to produce a bicycle, which it sells for $200. taken together, these two transactions contribute

Assume that a large firm buys all the farms in northern florida and becomes the only employer of farm workers in the northern half of the state. a. explain how the competitive labor market functioned before the buyout of the independent farms. how was the wage rate and quantity of workers employed in the market determined? b. what will happen to the wage rate and employment of farm workers after the industry becomes monopsonistic? illustrate your answer with an appropriate graph. c. what is mrc? why is mrc a part of the monopsony graph and not a part of the perfectly competitive labor market graph?