In an output contract, the seller can operate a factory on a 24-hour-a-day schedule and can legally require that the buyer take all of the output, when that same seller had operated only eight hours a day at the time the contract was made and the buyer relied on the eight-hour-a-day operating schedule at the time the contract was entered into .

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You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?

Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?