Every week, alex receives $15 allowance from his parents. he usually spends most of it buying candy. in alex's favorite candy store, m&m's are sold in bulk at $5 per pound, and skittles are sold at $3 per pound. let x and y denote the weight of m&m's and skittles alex buys, respectively. let the joint probability density function for ( x, y ) be

The local electronics store is offering a promotion "1-year: same as cash," meaning that you can buy a tv now, and wait a year to pay (with no in

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

What two things do you consider when evaluating the time value of money