An economy consists of three workers: Sam, Andrew, and Darnell. Each works 10 hours a day and can produce two services: mowing lawns and washing cars. In an hour, Sam can either mow 1 lawn or wash 1 car; Andrew can either mow 1 lawn or wash 2 cars; and Darnell can either mow 2 lawns or wash 1 car. For each of the scenarios listed, determine how many lawns will be mowed and how many cars will be washed per day and enter these values into the corresponding row.

a. All three spend all their time mowing lawns.

b. All three spend all their time washing cars.

c. All three spend half their time on each activity.

d. Sam spends half his time on each activity, while Andrew only washes cars and Darnell only mows lawns.

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive

The stock market is -the section of the newspaper where you learn how much a stock is worth -a place where you buy and sell stock -an organized way for people to buy and sell stocks -the same as a brokerage firm