Alocal department store puts out products at an initial price, and every week the product goes unsold its price is discounted by 25% of the original price. if it is not sold after 4 weeks, it is sent back to the warehouse. there is a set of butcher knives that was just put out for the price of $200. your willingness to pay for the knives (your dollar value) is $180, so if you buy them at a price p, your payoff is u=180-p, and if you don't buy the knives, your payoff is 0. if you don't buy the knives, the chances that they are sold to someone else conditional on not selling in the week before are given as follows:
week 1: 0.2
week 2: 0.4
week 3: 0.6
week 4: 0.8
for example, if you do not buy during the first two weeks, the likelihood that it is available at the beginning of the third week is the likelihood that it does not sell in either weeks 1 or 2, which is 0.8 x 0.6 = 0.48.
at the beginning of which week, if any, should you run to buy the knives? (choose 0 if you should never buy the knives)

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments.suppliesjan. 31 bal. 1,800 1,800 jan. 31 bal.supplies expensejan. 31 bal. 1,920 1,148 jan. 31 bal.prepaid insurancejan. 31 bal. 1,148 1,148 jan. 31 bal.insurance expensejan. 31 bal. 164 164 jan. 31 bal.wages payablejan. 31 bal. 1,400 1,400 jan. 31 bal.wages expensejan. 31 bal. 6,400 6,400 jan. 31 bal.truckjan. 31 bal. 17,376 17,376 jan. 31 bal.accumulated depreciation -truckjan. 31 bal. 5,068 5,068 jan. 31 bal.a. if the amount in supplies expense represents the january 31 adjustment for the supplies used in january, and $1,240 worth of supplies were purchased during january, what was the january 1 beginning balance of supplies? $answerb. the amount in the insurance expense account represents the adjustment made at january 31 for january insurance expense. if the original insurance premium was for one year, what was the amount of the premium, and on what date did the insurance policy start? amount of the premium $answerthe policy began on answerjune 1july 1august 1september 1october 1november 1 of the previous year.c. if we assume that no beginning balance existed in either in either wage payable or wage expense on january 1, how much cash was paid as wages during january? $answerd. if the truck has a useful life of four years (or 48 months), what is the monthly amount of depreciation expense, and how many months has bloomfield owned the truck? answermonths

Which plan offers a tax-free education?