The assumed goal of the firms that operate in each of the four market structures discussed in the text is to maximize:

What is the discount rate?

What will be an ideal response?

If an asset has a future value of $120, a present value of $30, and an interest rate of 4%, how many periods of compounding are there?

A) 45 periods B) 35 periods C) 28 periods D) 100 periods