You have developed a new compression algorithm that could revolutionize the internet. You can auction it off to existing companies, or start your own company. If you auction your algorithm, your analysis suggests the selling price will be distributed uniformly between $5 million and $15 million. If you start your own company, it will cost you $10 million. There is a 40% chance your company will be immediately successful and sell for $30 million (gross earnings), and a 60% chance you will need more time. If you need more time, you have to decide whether to keep going or sell your company. It will cost you another $5 million to keep going. Or, you could sell your company, with a 15% chance of a gross sale price of $6 million, a 25% chance of a gross sale price of $12 million, and 60% chance of a gross sale price of $16 million. If you decide to keep going, there is a 65% chance you will be successful and sell your company for $30 million (gross earnings), and a 35% chance your company fails and your gross earnings are $0. Assume you are an expected value maximizer. What is the expected value of your optimal decision

Which of the following is an example of the use of fiscal policy by the u.s. government? a. congress makes it illegal for the police union to go on strike. b. the federal reserve bank lowers the interest rate on loans to corporations. c. the department of transportation increases spending on highway repairs. d. the supreme court rules that unions have the right to collective bargaining. 2b2t

< back to assignment attempts: 1 1 keep the highest: 1 / 2 2. determining opportunity cost juanita is deciding whether to buy a suit that she wants, as well as where to buy it. three stores carry the same suit, but it is more convenient for juanita to get to some stores than others. for example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $102 for the suit: store travel time each way price of a suit (minutes) (dollars per suit) local department store 15 102 across town 30 88 neighboring city 60 65 juanita makes $42 an hour at work. she has to take time off work to purchase her suit, so each hour away from work costs her $42 in lost income. assume that returning to work takes juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. as you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. complete the following table by computing the opportunity cost of juanita's time and the total cost of shopping at each location. store opportunity cost of time price of a suit total cost (dollars) (dollars per suit) (dollars) local department store 102 across town 88 neighboring city 65 assume that juanita takes opportunity costs and the price of the suit into consideration when she shops. juanita will minimize the cost of the suit if she buys it from the . grade it now save & continue continue without saving

Select the correct answer brian wants to add a chart to his dtp project. what is the best way he can do this? a draw the chart using the dtp program draw option b create the chart in a spreadsheet then import it c. use the dtp chart wizard to create the chart within the dtp d. create an image of the chart in an image editor then import the image e use html code to create a chart within the dtp program