Q1. Compute the amount of money the Dumont's will have in their savings account if they add no other funds also keep it invested at 3 percent over the next 25 yrs. Compute Elucidate how much they can accumulate over 25 yrs if they move the money into a money market mutual fund earning 5 percent. Based on the calculations, should the Dumont's reallocate their savings into a money market mutual fund?
Q2. The Specialty Cake Store, a monopolistically competitive firm, is producing 200 decorated cakes per day also selling each cake for $12. At which production level ATC is $20, AVC is $15, AFC is $5 also both MR also MC are $8. This firm should.