For each of the following events, consider how you might react. What things might you consume more or less of? Are your responses consistent with the discussion of householdbehavior? 1.You have a very close friend who lives in another city, a3-hour bus ride away. The price of around-trip ticket risesfrom $20 to $45.
2.Tuition at your college is cut 25 percent
3.You receive an award that pays you $300 per month for thenext 5 years.
4.The price of food doubles. (If you are on a meal plan, assume that your board charges double.)

The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure

Match the type of agreements to their descriptions. will trust living will prenuptial agreement

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805