Rumi has $100 and is deciding how to spend it on bread and wine. The price of bread is $2 and the price of wine is $2. (Both goods are infinitely divisible.)

Now suppose the government wants consumers to conserve bread, so it increases the price of bread to $4 for each additional loaf over 25 loaves. In other words, 26 loaves of bread will cost a consumer 2 * 25 + 1 * 4 = $54.

Draw the budget constraint. What is the area under the new budget constraint?

(The answer is not 600.)

Answers

Answer 1

Budget constraint is a graphical representation of all the possible combinations of goods that a consumer can purchase given his or her income and the prices of the goods. In the given scenario, Rumi has $100 to spend on bread and wine.

The price of bread is $2 and the price of wine is $2. In the first stage, Rumi can purchase up to 50 loaves of bread, or 50 bottles of wine or a combination of both, which is represented by the line OP in the graph. Here, OP represents the budget constraint.The new budget constraint can be calculated by taking into account that the price of bread increases to $4 for each additional loaf over 25 loaves.

In other words, 26 loaves of bread will cost a consumer 2 * 25 + 1 * 4 = $54.The new budget constraint is shown as the line OQ in the graph. Here, OQ represents the new budget constraint, which intersects the vertical axis at the point (0, 25) and intersects the horizontal axis at the point (50, 0).The area under the new budget constraint can be calculated as follows:In the first stage, Rumi spends $100 and buys 50 loaves of bread and 50 bottles of wine, which is represented by the point A in the graph.

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Related Questions

easy career question

easy career question

Answers

Answer:

High school. Well at least my high school does.

Explanation:

Answer:

A.

Explanation:

yes

what best defines form

Answers

Answer:

the shape and structure of something as distinguished from its material the building's massive form.

the laissez faire model is inspired by the work of which economic philosopher?

Answers

Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.

I hope this helped! :)

The model of laissez-faire was inspired by the work of  John Stuart Mill, who was an economic philosopher.

What is a laissez-faire model?

Laissez-faire is a free-market economic ideology that opposes government interference. During the 18th century, the French Physiocrats created the laissez-faire philosophy. Laissez-faire proponents believe that when governments intervene in industry and markets, economic prosperity suffers.

John Stuart Mill's work "Principles of Political Economy" influenced the laissez-faire paradigm (1848). According to this concept, the government should not be overly involved in the market and should take a hands-off attitude.

Therefore, it can be concluded that John Stuart Mill work was inspired by the laissez-faire model.

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When the government's budget deficit increases the government is borrowing less and public savings increases.

Answers

The given statement is false.

Government budget deficit occurs when government spending exceeds its income.  When government deficit increases, debt increases. This is because a deficit would need to be funded by additional borrowing. Thus, borrowing increases.

Public saving is national income less consumption and government spending. When deficit increases, government spending increases and public savings decline.

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T/F: The following is a cost of downtime. credit rating billing losses overtime costs all of the above

Answers

True. Downtime can have various costs associated with it, including credit rating damage if customers are unable to access services or products.

The billing losses if invoices cannot be generated or processed, and overtime costs if employees need to work extra hours to catch up on work once systems are back online. All of these costs can add up and have a significant impact on a business's financial performance. Therefore, it's crucial for businesses to have measures in place to minimize downtime and quickly recover from any disruptions to their operations. This can include implementing backup systems, conducting regular maintenance and updates, and having a solid disaster recovery plan in place. By doing so, businesses can reduce the likelihood and impact of downtime and ensure that they can continue to provide reliable and efficient services to their customers.

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Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?

A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate​

Answers

C, otherwise there is no reason to go
i think it would be a bit i’m not for sure yet

Whether the product was made or service performed to specifications is a question of:
A) conformance quality.
B) performance quality.
C) reliability quality.
D) value indices.

Answers

The question "Whether the product was made or service performed to specifications" is refers to A) Conformance quality.

Conformance quality refers to the extent to which a product or service meets specified requirements or standards. It is a measure of how well a product or service is made or done to the required specifications. In other words, conformance quality assesses whether a product or service meets customer expectations in terms of features, functionality and performance. Performance quality, reliability quality, and value index are other related aspects of product and service quality, but are distinct from conformance quality. Performance quality refers to the effectiveness and efficiency of a product or service in meeting customer needs.

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A company manufacturing shirts for a discount department store decides to create a new style of cotton shirt. The company would most likely produce shirts that will:.

Answers

A firm that makes shirts for a budget department store decides to develop a new cotton shirt type. The company would most likely make shirts that are less expensive to produce.

What is the name of the business?

A corporation is a legal body that represents a group of people with a common goal, whether natural, legal, or a combination of both. A company can be run by the single person or a group of person decided to operate the company.

There are options in this question that are-

sell at a high pricebe less costly to createuse a nonrenewable resourcesatisfy the wants and needs of consumers

Thus, option B is correct.

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Answer: is

Be less costly to create.

Explanation:

who thinks i might be attractive lol

Answers

Answer:

what

I don't get what do u mean

Answer:

I think all human beings have their own little uniqueness and b beauty.

Explanation:

what multiplication do you do to convert currency ​

Answers

To convert from the base currency, we multiply by the exchange rate. Just like multiplying to apply a commodity price.

Hope it helpss:))

Explanation:

you multiply by the exchange rate.

"
Original answers only. No copying from other chug answers
In your opinion, what is the biggest challenge that is facing
management today? Why is this challenge important for management to
deal with?

Answers

The biggest challenge facing management today is navigating the rapidly changing business landscape. This challenge is crucial for management to address as it requires adapting to technological advancements, globalization, and evolving customer demands.

The business environment is constantly evolving due to technological advancements, globalization, and changing customer expectations. This presents a significant challenge for management as they need to navigate these dynamic and unpredictable conditions.

Technological innovations such as artificial intelligence, automation, and digital transformation are disrupting traditional business models, requiring organizations to adapt and integrate new technologies into their operations. Globalization has increased competition and market volatility, necessitating agile strategies to stay competitive. Additionally, customers are demanding personalized experiences, sustainability, and ethical practices, compelling management to reshape their strategies and operations accordingly.

Addressing these challenges is vital for management as failure to do so can result in loss of market share, decreased profitability, and even business failure. Organizations that successfully adapt to the changing landscape can seize opportunities for growth, innovation, and competitive advantage. Effective management in today's dynamic environment requires a proactive mindset, embracing change, fostering innovation, and continuously learning and evolving to stay ahead of the curve.

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Write a storyline in work environment that apples (3) employability skills to be a productive and positive employee.​

Write a storyline in work environment that apples (3) employability skills to be a productive and positive

Answers

Answer:

Storyline

Explanation:

You work in a hotel.

To be a productive and positive employee, there are a few must and must nots. Let's say that you work at the front desk. When your customer walks up to your desk, always make sure to greet them with the appropriate sayings. Ask directly what you can do to help them, and do it in a timely manner. If they are unsure or have any questions at all, make sure that they feel welcome to ask any questions.

Don't ask the customer inappropriate questions. such as;" What do you want?". Greet them nicely and treat your guests as your family.

To be a productive employee make sure you are on time as scheduled, do any assignments the day before and always show up with a smile.

Heidi, a local farmer, buys her equipment exclusively from the manufacturer Farm Supply Inc. Because of this, Heidi is affected by Farm Supply Inc.'s operations. This indicates that Heidi is

Answers

Answer:

E. Stakeholder

Explanation:

Ths stakeholder is a person who has an interest in a company. It involves investors, employees, customers, suppliers, etc and got affected.

Since in the question it is mentioned that the Heidi who is a local farmer purchase the equipment from the manufacturer and he gots affected so this indicated that Heidi is a stakeholder

Therefore, the last option is correct

Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12,000 flashing lights per year and has the capability of producing 100 per day. Setting up the light production costs $50. The cost of each light is $1. The holding cost is $0.10 per light per year.

Answers

Answer:

The right solution is:

(a) 4,272 units

(b) $134.16

(c) $134.17

(d) $12,268.33

Explanation:

Seems that the given question is incomplete. The attachment of the complete question is provided below.

According to the question, the values are:

Annual demand,

D = 12,000

Number of days,

= 300

Daily demand,

d = \(\frac{12000}{300}\)

  = 40

Production rate,

P = 100

Ordering cost,

S = $50

Holding cost,

H = $0.10

(a)

The production run's optimal size will be:

Q = \(\sqrt{\frac{2DS}{H(1-\frac{d}{P} )} }\)

By putting the values, we get

   = \(\sqrt{\frac{2\times 12000\times 50}{0.10\times (1-\frac{40}{100} )} }\)

   = \(\sqrt{20,000,000}\)

   = \(4,471.14\)

or,

   = \(4,472 \ units\)

(b)

The average holding cost will be:

= \(\frac{Q}{2}\times H\times [1-\frac{d}{P} ]\)

= \(\frac{4472}{2}\times 0.10\times [1-\frac{40}{100} ]\)    

= \(134.16\) ($)

(c)

The average setup cost will be:

= \(\frac{D}{Q}\times S\)

= \(\frac{12000}{4472}\times 50\)

= \(134.17\) ($)

(d)

The total cost per year will be:

= \(Avg. \ holding \ cost+ Avg. \ setup \ cost+Cost \ of \ purchase\)

= \(134.16+134.17+(1\times 12000)\)

= \(12,268.33\) ($)

Suppose mary is willing to pay up to $15,000 for a used ford pick-up truck. If she buys one for $12,000, her ______ would be ______.

Answers

Explanation:

Suppose Mary is willing to pay up to $15,000 for an used Ford pick-up truck. If she buys one for $12,000, her ______ would be ______.

Select one:

a. benefit; $12,000

b. cost; $15,000

c. economic surplus; $3,000

d. economic surplus; $12,000

according to the video what are some quality's petroleum engineers need? check all that apply.​

according to the video what are some quality's petroleum engineers need? check all that apply.

Answers

Hello! Your answer is shown below,

Petroleum engineers should have natural abilities to make them successful. Personal attributes include strong mathematics and analytical skills to design equipment and solve problems in drilling.

Hope this helps!

Answer:

The answer is

A) willingness to travel

E) problem-solving skills

F) patience

Explanation:

On September 30, 2021, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $300 million. The bonds mature on September 30, 2041 (20 years). The market rate of interest for similar bonds was 10%. Interest is paid semiannually on March 31 and September 30. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. ) Required: Determine the price of the bonds on September 30, 2021. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount. )

Answers

The price of the bonds is determined using the Present Value of a 20-year annuity formula with an 8% interest rate is $278,743,846.

The price of the bonds is determined using the Present Value of a 20-year annuity formula with an 8% interest rate. The calculation is: Price = $300,000,000 × [PVIFA 20%, 8%] = $300,000,000 × 0.7547 = $278,743,846.

The Present Value Interest Factor of Annuity (PVIFA) is used to calculate the present value of a series of payments over a certain period of time. In this case, the PVIFA is 20 years and the interest rate is 8%, which is the stated interest rate of the bond.

Therefore, the price of the bonds on September 30, 2021 is $278,743,846.

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Currently, you can exchange $1 for SF 1.14. Assume that the average inflation rate in the U.S. over the next two years will be 2.5 percent annually as compared to 3 percent in Switzerland. Based on this information and relative purchasing power parity, which one of the following assumptions can you make regarding the next two years?
A. The Swiss franc will appreciate against all currencies.
B. The Swiss franc will appreciate against the U.S. dollar.
C. The U.S. dollar will appreciate against all currencies.
D. The U.S. dollar will appreciate against the Swiss franc.
E. Both the U.S. dollar and the Swiss franc will appreciate against all other currencies.

Answers

In the next two years, the U.S. dollar will appreciate against the Swiss franc.

Exchange rate is the rate at which one currency is exchanged for another currency. In this equation $1 would be exchanged for SF1.14.

Purchasing power parity theory states that the same basket of books would cost the same when the exchange rate between the countries have been adjusted for. If the inflation rate of one country is expected to increase more than that of the other country, the country with the higher inflation rate, will experience a depreciation of its currency.

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One of the roles of the US government is to ensure that the country is financially stable. Which of the following is the term for the government’s power to spend and tax? Select one: a. Fiscal policy b. National debt c. Expansionary policy d. Contractionary policy

Answers

Answer:

Fiscal policy

Explanation:

Fiscal policy refers to the actions of governments of adjusting taxation and spending to influence economic direction. The governments aim at maintaining stable prices and steady economic growth. Though several agencies,  the state monitors economic indicators and adjusts its spending and taxation accordingly.

The fiscal policy combines with monetary policy to achieve the desired effects. In times of recessions, fiscal policy is used to stimulate economic growth.

The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.

Answers

Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.

What is data on price ?

Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.

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What are the overall goal(s) for the Food Dye Project? (Select all that apply.) Quantify the amount of each FD\&C food dye present in an assigned drink. Build a parallel dilution set from the assigned drink. Determine the serving size of an assigned drink. Identify the FD\&C food dyes present in an assigned drink.

Answers

The overall goals of the Food Dye Project include quantifying the amount of each FD&C food dye present in an assigned drink, identifying the FD&C food dyes present in the drink, and building a parallel dilution set from the assigned drink. However, determining the serving size of the assigned drink is not explicitly mentioned as one of the goals.

The Food Dye Project aims to analyze and assess the presence of FD&C food dyes in an assigned drink. One of the goals is to quantify the amount of each FD&C food dye present in the drink. This involves measuring and determining the concentrations of different food dyes, allowing for an accurate understanding of their quantities.

Another goal is to identify the specific FD&C food dyes that are present in the assigned drink. This entails conducting tests or experiments to detect and differentiate between various food dyes, enabling the project to determine which specific color additives are used in the drink.

Additionally, the project aims to build a parallel dilution set from the assigned drink. This involves creating a series of diluted samples that mirror the concentration range found in the original drink. These dilutions are useful for calibration purposes, comparison, or further experimentation.

However, the goal of determining the serving size of the assigned drink is not explicitly mentioned. Serving size determination typically involves measuring the volume or weight of a specific portion of the drink to establish the standard portion size. While serving size information can be relevant for nutritional analysis, it may not be the primary focus of the Food Dye Project.

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Harry owes the bank money. To repay his debt, he paid \$150$150dollar sign, 150 back to the bank each month. After 101010 months, his remaining debt was \$6900$6900dollar sign, 6900. What was the original amount of Harry's debt/

Answers

Answer: $8,400

Explanation:

Given the following:

Amount repaid each month = $150

Number of Periods for which amount was paid = 10 months

Amount left after 10 months payment = $6900

Harry's original debt=?

The total amount paid = $150 × 10 = $1500

Amount left = $6900

Total debt amount:

(Total Amount left + total amount paid )

$(6900 + 1500)

=$8400

Answer:

Harry's original debt was$8400

56 months to pay off his entire debt

Explanation:

The regular expenses of doing business such as wages, rent, utilities, insurance, and advertising is also known as the

Answers

Answer:

Operating expense

Identify and explain two disadvantages to PShirts of being a private limited company.​

Answers

Answer:

Cannot quote stock on Stock Exchange

A private limited company by definition will not be allowed to trade on stock exchanges like a public limited company would. This means that they will not be able to go into the stock market to seek additional funding if needed thereby reducing their chances of getting investment funds.

Number of shareholders limited.

Private limited companies face a limit on the number of people that can hold shares in the company. Some countries have different limits but generally the number of shareholders should be somewhere between 2 and 200.

This again restricts the amount that can be raised from issuing stock.

FILL IN THE BLANK. Complete the following sentence. A(n) ___ is a request by an account holder to the bank not to pay a specific payment

Answers

A(n) stop payment order is a request by an account holder to the bank not to pay a specific payment. This order can be placed for various reasons, such as a lost or stolen check, a payment made in error, or a dispute with a merchant. Stop payment orders are typically valid for a limited period, such as six months, and may incur a fee from the bank.'

It is important for account holders to act quickly when requesting a stop payment order, as the bank may require certain information such as the check number, amount, and payee. It is also important to note that a stop payment order does not guarantee that the payment will be stopped, as the bank may not be able to intercept the payment in time. Therefore, account holders should also take other measures to ensure that the payment is not processed, such as contacting the recipient directly.

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If the quantity demanded is greater than the quantity supplied, what will happen to the price?
A. Go up
B. Go up then down
C. Go down
D. Remain the same

Answers

A. Go Up....................

Which statement is the most correct about in-laws and possible complications in a family business?
a. Rarely do in-laws impact the business since they are only indirectly involved and have
limited decision making responsibilities if at all.
b. In-laws may impact the business if they are employed in the firm and are responsible for
decision making.
c. There will be a complication only when in-laws are competing against another family
member for a promotion.
d. In-laws will impact the business as they increase the number of persons who are either
directly or indirectly involved in the family business.

Answers

Option d. "In-laws will impact the business as they increase the number of persons who are either directly or indirectly involved in the family business" is the most correct statement about in-laws and possible complications in a family business.

In-laws can have a significant impact on a family business, especially when they are directly involved or have decision-making responsibilities. The addition of in-laws to the family business can increase the complexity of family dynamics, as they bring their own set of personal and business interests, goals, and values to the table.

Moreover, in-laws may create conflicts and disagreements with other family members regarding the future direction of the business. These conflicts can be exacerbated when in-laws are competing against another family member for a promotion or position in the company.

Therefore, it is important for family businesses to have a clear governance structure and effective communication channels to minimize the potential for conflicts arising from in-law involvement.

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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?

Answers

The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:

Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.

Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.

Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.

Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.

Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.

Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.

These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.

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Hailey works in a spa. today, there was a sale on a particular color of nail polish. twenty customers came in asking for the nail polish. which qualification helped hailey make it through the day without getting frustrated? a. patience for performing a repetitive task b. specialized skill at manicures c. socialization skillsd. knowledge of current trends

Answers

Boredom is a common side effect of repetitive work, and boredom can lead to blunders. Challenge yourself to do the task more quickly to change your routine. The time passes more quickly as a result, and you typically do more. Have a cheerful attitude and refrain from concentrating on the drawbacks of repetitious duties at work.

It can be irritating and exhausting to keep doing the same labor or task if twenty people come in asking for the same kind of shine. However, she did require patience when performing repetitious tasks because doing so helped keep her sane.

So, option a. is the correct answer that is patience for performing a repetitive task.

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The pipe located underneath Jiro’s kitchen sink was leaking and he did not know how to fix it. He called a plumber who agreed to come fix the leaking pipe in exchange for $125 plus the cost of any parts. The plumber went to Jiro’s home, removed the old pipe that was leaking, and replaced it with a new pipe that the plumber brought with her. When the plumber was finished, she told Jiro that the total cost was $140 and Jiro promptly paid her. Was this a voluntary exchange? Why or why not?

A
Yes, because both parties willingly entered the exchange and benefited from it.

B
Yes, because one party exchanged money with another party for a good or service.

C
No, because Jiro was not aware of the final cost before he agreed to the exchange.

D
No, because the plumber’s service was not equal in value to the money paid by Jiro.

Answers

Answer:

A

Explanation:

It’s not b

The given statement clearly states that it was a voluntary exchange because both parties willingly entered the exchange and benefited from it.  Hence, Option A is correct.

What is a voluntary exchange?

Buyers and sellers engaging in market exchanges voluntarily and freely is known as voluntary exchange. A basic tenet of both classical and neoclassical economics, which serve as the foundation for modern mainstream economics, is voluntary exchange.

A transaction when two persons freely exchange products or services is referred to as a voluntary exchange. This happens in a market economy, a form of economy where both parties to an interaction benefit from it and come out ahead than they did before.

Given that both parties  entered the voluntary exchange and benefited from it, it is apparent that the transaction was voluntary.

Therefore, Option A is correct.

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Organisms that grow in the mud under relatively nonturbulent bodies of water are likely to be A. obligate aerobes. B. thermophilic. C. barophilic. D. anaerobes. 5.5 Consider the SQL statement:SELECT id, forename, surname FROM authors WHERE forename = 'john' AND surname = 'smith'a. What is this statement intended to do?b. Assume the forename and surname fields are being gathered from user-supplied input, and suppose the user responds with:Forename: jo'hnSurname: smithWhat will be the effect?c. Now suppose the user responds with:Forename: jo'; drop table authors--Surname: smithWhat will be the effect? Order the numbers below from least to greatest. Solve for x for the linear pairs. I will give you branilest!Solve 1/3(x-10)= -4 X^2-18x complete the square What are fitness assessments designed to do?diagnose medical conditionsscreen for risk of heart diseasetreat injuriesidentify specific injuries hai. can has headpats? pease?(will dance for headpats) when performing a spiritual assessment on a child, the nurse and child discuss church attendance and practices that are most important to the child. which domain is the nurse addressing when doing this assessment? Simplify: 2n (n^2 + 3n + 4) A $258405 loan has a duration of 5.1 years. This loan generates one-year income of $2943. The current interest rate level is 6.56% and a sudden change in the credit premium of 1.98% is expected. Calculate the loan's RAROC (risk-adjust return on capital). Round your answer up to 4 decimal places in decimal term, i.e., enter 0.1234 instead of 12.34%. most economists believe unions are bad for the economy as a whole. a. true b. false rotate figure jklm 180 degrees around the origin hi, I need help with this question. Is it possible to determine the position and energy of an electron at the same time? why or why not? Rewrite the slope intercept equation into point slope form Y=-1/3x+9 Solve this inequality2x2 15x < 27 A rabbits heart beats 212 beats per minute.how many times does it beat in 5 minute. Explain how you found your solution is this thedrewrugrats? Suppose you purchase twelve call contracts on Macron Technology stock. The strike price is $65, and the premium is $2.30. If, at expiration, the stock is selling for $71 per share, what are your call options worth? What is your net profit? (Omit the "$" sign in your response.) Malachi has $9. 25 in nickels, dimes, and loonies. The number of nickels is five more than triple the number of dimes. There are half as many loonies as dimes. How many of each type of coin does Nick have?