It is a hot day, and Musashi is thirsty. Here is the value he places on a bottle of water:

Value of first bottle: $8
Value of second bottle: $6
Value of third bottle: $4
Value of fourth bottle: $2

From this information, complete the following table by deriving Musashi’s demand schedule.

Price Quantity Demanded
More than $8 ?
$6.01 to $8 ?
$4.01 to $6 ?
$2.01 to $4 ?
$2 or fewer ?

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is: