In a competitive economy, the questions of what, how, and for whom to produce tend to be regulated by

A new pinball machine will generate $3,000 in additional revenue each year for a game arcade. It has a useful life of three years. Assume that each year's income is received at the end of the year. If the interest rate is 10 percent (0.10) per year,, what is the present value of a new pinball machine to the arcade?

a. $6,761.83 b. $8,181.82 c. $9,000.00 d. $7,460.56 e. $8,206.61

Poverty is found to be correlated with

a. age and race but not family composition. b. race only. c. race and family composition but not age. d. age, race, and family composition.