Two alternative programmes to save 50 more lives per year entail providing more cardiac intensive care facilities and redesigning dangerous highway interchanges. the price of a new cardiac intensive care unit is $500,000 and the price of redesigning and renovating highway interchange is $1 million. one combination of the two programs that can save 500 lives is five cardiac units and three highway exit renovations. if five cardiac units are built, the marginal product of this program will be 10 lives saved per year. is the mixed involving five cardiac units and three highway exit renovations cost effective? assuming that the marginal products of both programmes decline, what needs to be done to achieve the cost-effective mixed of programmes?

The maximum amount of money that a consumer can charge on a credit card is called the

Which of the following statements is true? a. financial investment refers to the creation and expansion of business enterprisesb. economic investment refers to the creation and expansion of business enterprisesc. economic investment refers to the purchase of assets such as stocks, bonds, and real estated. both economic and financial investment refer to the purchase of assets such as stocks, bonds, and real estate

You and your new australian bride matilda, are applying for a loan and are required to submit a balance sheet with your net worth. you own a 2008 toyota camry that you bought last month for $9,995. the kelly blue book value for this car is $13,995. you owe $8,150 on the car loan for the camry. you pay off your visa credit card every month and have not paid any credit card interest this year. the current visa credit card balance is $3,522, and the next statement is due in 15 days. you have a student loan balance of $6,500. you presently have $425 in your checking account and $1,540 in your savings account. you own 100 shares of ibm stock that you purchased for $85.50 per share. one share of ibm is now selling for $158.42. you own computers and other electronics that you purchased for $4,100 but could probably sell today on e-bay for $1,800. your gross income is $80,000 per year. what is your current net worth? (see wb ch. 2 example 2.3)