Suppose that five years from now you will inherit a perpetuity that will initially pay $ 3,000. Each of the following payments will be 5% larger than the prior payment. Assuming that perpetuity makes annual payments and the annual opportunity cost of capital is 15%, what is the value of this perpetuity today? Round your final answer to two decimals.

Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.