The number of people who watched all or part of a science fiction movie that ran from 1:00 a. m. to3:00 a. m. was 20,000. An estimated 40,000 televisions were on at that hour even though there are200,000 households with sets in the area. Which of the following statements accurately describesthis situation?

A. The audience share equals 20,000/200,000.
B. The program rating equals 20,000/40,000.
C. The program rating equals 40,000/200,000.
D. The program rating equals 20,000/200,000.
E. The audience share equals 40,000/200,000.

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?

If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of

3. saving two consumers, larry and jeff, have utility functions defined over the two periods of their lives: middle age (period zero) and retirement (period 1). they have the same income in period 0 of m dollars and they will not earn income in period 1. the interest rate they face is r. larry’s and jeff’s utility functions are as follow. = 0.5 + 0.5 and = 0.5 + 0.5 for each person is between zero and one and represents each consumer’s temporal discount econ 340: intermediate microeconomics. ben van kammen: purdue university. rate. a. write the budget constraint that applies to both jeff and larry in terms of consumption in each period and ), interest rate, and m. b. what is larry’s and what is jeff’s marginal rate of intertemporal substitution? c. what is the slope of the budget constraint? d. write each consumer’s condition for lifetime utility maximization. e. re-arrange the conditions from part (d) to solve for the ratio, . f. if > which consumer will save more of his middle age income? g. if > 1 1+ , in which period will larry consume more: = 0 or = 1?