Because the consumer's budget is limited, purchase decisions among available goods must of necessity be interdependent

Suppose you hit a progressive jackpot on a 25-cent Fortunemaker slot machine in a casino in Las Vegas and are given the choice of the following prizes:

Prize 1: $200,000 to be received right away, with four additional payments of $200,000 to be received each year for the next four years. Prize 2: $750,000 to be received right away. If the interest rate is 3 percent, what is the present value of each prize?

Which of the following can reduce the number of cars imported?

A) a tariff B) a quota C) a ban D) All of the above.