Esther, Vida, and Clair were asked to consider two different cash flows: GH¢1000 that they could receive today and GH¢3000 that would be received 3 years from today. Esther wanted
the GH¢1000 today, Vida chose to collect GH¢3000 in 3 years, and Clair was indifferent
between these two options. Which of the three women made the right choice?

Esther with GH¢ 2486.852 at the end of 3 years.

Explanation:

Given that Esther collect GH1000

Vidha collect GH3000

Therefore, supposing the market rate is currently 10%

To get the future value of GH3000, we have,

Year 1= 0.909091,

Year 2 = 0.826446

Year 3 = 0.751315  * 3000 = 2253.945

Then assume Esther with GH1000, invested at the rate of 10%

Year 1= 0.909091 * 1000 = 909.0909

Year 2 = 0.826446 * 1000 = 826.4463

Year 3 = 0.751315 * 1000 = 751.3148

Total =  2486.852

Being indifference is not a smart choice either, as Clair could still pick the GH¢3000 in 3years in stead of GH¢1000 now.

Hence, it is apparent that out of the three Esther made the best decision as she has the highest money in value at the end of the 3years.

answer; manager working long hours; plz check i believe this is correct good luck;

yes the correct answer was

b.the increased supply will create a surplus.