Answer to Question 1
Answer: The benefits and costs of narcissism may differ from one stage of life to another. Narcissism feels good and works well for a young person. Relationships can be fleeting, everything is fun, and the consequences of self-centeredness have yet to catch up with a young person. As the narcissist gets older, his or her relationships might fall apart, leading to anxiety and depression.
Answer to Question 2
Answer: Self-esteem increases slightly as people age from their 20s to 60s. After that, self-esteem decreases, possibly due to retirement and declines in income. Families, relationships, and careers take a long time to build during adulthood, and self-esteem appears to suffer as these identities become less central during old age. Health issues also suppress self-esteem into old age.
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A company that makes cell phones has the following cost structure. They have fixed costs of ...