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Author Question: Marge Sampson produces and sells 400 jars of homemade jelly each month for 3 each. Each month, she ... (Read 103 times)

kamilo84

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  • Posts: 495
on: Jun 30, 2018
Marge Sampson produces and sells 400 jars of homemade jelly each month for 3 each. Each month, she pays 200 for jars, 150 for ingredients, and uses her own time, with an opportunity cost of 500 . Her economic profits each month are:
 a. 350.
  b. 500.
  c. 650.
  d. 700.

Question 2

A bond with a par value of 1,000 is traded at 1,500 . The coupon rate offered on the bond is 10 percent.The bond matures after a period of 5 years . The coupon paid to the bond holder after the end of the first year is:
 a. 150.
  b. 100.
  c. 200.
  d. 50.
  e. 250


xiazhe

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  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


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