Consider a consumer who lives for three periods: youth, middle age, and old age. when young, the consumer earns $20,000 in labor income. earnings during middle age are uncertain; there is a 50% chance that the consumer will earn $40,000 and a 50% chance that the consumer will earn $100,000. when old, the consumer spends savings accumulated during the previous periods. assume that inflation, expected inflation, and the real interest rate equal zero. ignore taxes for this problem.

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?