The doubling of a firm's feedlot capacity which results in a doubling of production is characteristic of

With one year of study, Rob Sanchez can earn a master's degree, which will cost him $15,000 in tuition and $20,000 in lost wages. The degree will increase his yearly income by $20,000 per year for three years after receiving the degree. The interest rate is 10 percent (0.10) per year. What should Rob do? (Assume that costs are incurred and income is received at the end of the year.)

a. he should obtain the degree because education always pays off b. because the cost of tuition and lost wages ($35,000 . is less than the extra income ($60,000), he should obtain the degree c. he should subtract the present value of tuition from the total present value of the additional income. If the number is positive, he should obtain the degree d. he should subtract the total present value of the tuition and lost wages from the total present value of the additional income. If the number is positive, he should obtain the degree e. he should subtract the present value of lost wages from the total present value of additional income. If the number is positive, he should obtain the degree

If 1,000 Mexican pesos could buy $1.00 U.S. in 2006 and $0.87 U.S. in 2010, it implies that _____

a. the dollar depreciated against the peso b. the peso appreciated against the dollar c. the dollar strengthened against the peso d. the peso strengthened against the dollar