You are planning to study eight hours this week for your economics final and are considering studying a ninth hour. you should: select one: a. compare the benefits of one more hour of study with the cost of one less hour of studying calculus. b. make your decision based on the cost of the next best alternative use of your time compared to the benefit of one more hour of study. c. compare the benefits of one more hour of study with the cost of one less hour of work at your part-time job. d. compare the benefits of one more hour of study with the cost of one less hour of sleep.

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.