The payment received by suppliers of entrepreneurial skills is called profit

At an interest rate of 5 percent, the present value of $1,000 to be received three years from today is

A) less than $875. B) between $875 and $925. C) between $925 and $975. D) more than $975.

Other things remaining unchanged, which of the following is most likely to cause an increase in the demand for personal computers?

a. A reduction in the price of personal computers b. An increase in the supply of personal computers c. An increase in the cost of computer printing ink d. An increase in the number of computer manufacturers e. A requirement by universities that all students buy personal computers