Byron is interested in buying an antique vase for his grandmother’s birthday. he visits an antique store and buys the first vase he sees because it is something he thinks his grandmother would like. byron does not visit another store and compare other vases. for byron, this purchase is most likely considered a(an) good. a. convenience. b. specialty. c. shopping. d. unique.

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?