8. Joe Davola planned to begin saving for his retirement starting next month. Joe’s plan was to invest $450 per month, starting at the end of next month, for the next 25 years. Because of some unexpected circumstances, Joe will not be able to begin funding his retirement for 12 months. If Joe wants to end up with the same amount of total savings in 25 years, how much would Joe have to save per month over the 24-year period? Assume that Joe will be able to earn 6% annually on his investment. A. $23,345.18 B. $81.06 C. $36.41 D. $486.41

What do economists mean when they use the latin expression ceteris paribus?

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.