Suppose there are two individuals, casey and rick, who live in a very simplified world where only two goods are produced and consumed: fruit and vegetables. the production opportunity cost for casey is 6.00 kg of fruit for every kilogram of vegetables. rick has a production opportunity cost of 4.00 kg of fruit for every kilogram of vegetables. casey eventually realizes that, through trade, both individuals can be better off. rick is willing to trade. what price can be settled between these two parties such that both individuals can enjoy more fruit and vegetables? price: kg of fruit per kilogram of vegetables

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400