1988 1989
Quantity
Price ($)
Quantity Price ($)
Milk
10
1.00
15
1.20
Butter
8
0.50
20
0.50
Eggs
8
0.25
4
1.00
The table above gives the prices and quantities for a hypothetical country that only
produces milk, butter, and eggs. With 1988 as the base year, what is the Real GDP
in 1989?
(1 point)
$16
O $24
$26
O $32
okay

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400