Danny and three friends went to the football game friday night. it cost them $5 each to get into the game. while at the game the four together had two orders of nachos ($2.50 each) four large colas ($1.50 each) four candy bars ($0.75 each) and two bags of popcorn ($1 each). at the end of the evening, they split the $20 gasoline bill.
1. how much did each one spend friday night? show or explain how you got your answer.
2. how much would each have spent if only three of them split the gasoline bill? show or explain how you got your answer.

Becky fenton has 40/80/40 automobile insurance coverage. if two other people are awarded $75,000 each for injuries in an auto accident in which becky was judged at fault, how much of this judgment would the insurance cover?

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?