Which person would suffer the most from inflation? Tin
Gertrude is a retired 80-year old woman living on a fixed income.
1
O Coach Hirsh invests in gold and sees the value of it go up by about 7% year
to year.
O Brittany is a high school senior who has been saving money for all of her
senior activities.
O Braxton is approaching retirement but continues to work full-time.
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Economics

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Which of the following is a function performed by market prices? a. market prices communicate information to buyers and sellers. b. market prices coordinate the decisions of buyers and sellers. c. market prices motivate entrepreneurs to produce those products that are currently most desired relative to their costs of production. d. all of the above are functions performed by market prices.

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?