If an individual discounts delayed utils with a weight of 1/4, the present value of 90 utils to be received after a year is:

A) 17.25 utils.
B) 22.5 utils.
C) 90 utils.
D) 460 utils.

B

Economics

You might also like to view...

Which of the following practices is prohibited by the Clayton Act?

a. Price discrimination that substantially lessens competition. b. Tying contracts that substantially lessen competition. c. Exclusive dealing that substantially lessens competition. d. All of these.

Economics

Matthew bakes apple pies that he sells at the local farmer's market. If the price of apples increases, the

a. supply curve for Matthew's pies will increase. b. supply curve for Matthew's pies will decrease. c. demand curve for Matthew's pies will increase. d. demand curve for Matthew's pies will decrease.

Economics