Given a discount rate of 10 percent, the present value of receiving $100,000 two years in the future is

Suppose a firm has the following total cost function: TC = 100 + 4q2. What is the minimum price necessary for the firm to earn profit? Below what price will the firm shut down in the short run?

What will be an ideal response?

The consumer price index was 200 in 2008 and 190 in 2009 . The nominal interest rate during this period was 4.5 percent. What was the real interest rate during this period?

a. - 0.75 percent b. - 0.5 percent c. 9.5 percent d. 9.75 percent