Daniel wants to buy a laptop computer, and he has $300 in savings. he can purchase a new computer for $279 or a
refurbished (repaired or renovated] computer for $100. what should daniel do next?
© evaluate his decision to buy a computer.
o revise his budget to allow for a new computer.
o obtain a credit card to pay for a refurbished computer.
o review the pros and cons of the different available computers.

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

Amanda works as an industrial designer

Opportunity cost is calculated by which of the following? a. adding the value of all lost opportunities. b. subtracting all costs from the total benefit. c. calculating the cost of time, energy, and sacrifice. d. finding the value of the best option that is not chosen.