After graduation, you have been offered a job with a company that has offices in Oregon and California. The salary ($80,000) is the same in each case, and the cost of living is the same in the two towns in which the company has offices. However, state and local income taxes, including an allowance for sales tax in California, are estimated to be 9% in Oregon and 7% in California. What is the FW of tax savings from taking the California position if you stay with the company for 10 years

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)