In a fishing village, there are many producers producing dried shrimp. The dried shrimps are identical and each producer has only a small market share with no control over the price. Hence the dried shrimp market can be considered perfectly competitive.
There is a well-reputed medical report suggesting that eating dried shrimp may cause a harmful disease. Appraise the effect of this report on the dried shrimp market and a representative producer of dried shrimp in the short run equilibrium. Support your answers with suitable diagrams of the dried shrimp market and a representative producer of dried shrimp.
** Minimun 1 diagram or more is needed for dried shrimp market and 1 diagram or more is needed for a representative producer of dried shrimp**
**I understand that there are answers online which stated the answers for the above, which stated is the protein and etc, but the answers wasn't the ones my teacher is looking**
Kindly do not copy the answers that can be find online. I am re-asking and enquring because the answers wasn't really answering to the question

Answers

Answer 1

The demand for dried shrimp would decrease, leading to a decrease in price and quantity sold. This would result in lower revenues for producers and potentially even losses.

In a perfectly competitive market, each producer has no control over the price and is a price taker. The market is characterized by a horizontal demand curve, indicating that consumers are willing to buy at a specific price. When the medical report suggesting the harmful effects of eating dried shrimp emerges, consumer preferences and perceptions towards dried shrimp change.

The report would lead to a decrease in demand for dried shrimp as consumers become more cautious about the potential health risks. The demand curve would shift to the left, indicating a decrease in quantity demanded at every price level. This would result in a lower equilibrium price and quantity in the market.

For a representative producer in the short run, the decrease in demand would have a significant impact. As the market price decreases, the producer's revenue per unit sold decreases as well. If the price falls below the average variable cost (AVC) of production, producers may choose to shut down operations in the short run to minimize losses. However, if the price remains above the AVC, producers may continue operating but with reduced profits or even losses.

In conclusion, the medical report suggesting the harmful effects of eating dried shrimp would decrease the demand for dried shrimp in the perfectly competitive market. This would lead to a decrease in price and quantity sold, negatively impacting the revenues and profitability of a representative producer in the short run.

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Related Questions

when can raw unpackaged meat be offered for self service

Answers

Raw unpackaged meat can be offered for self-service in retail stores if it is properly labeled and in compliance with food safety guidelines. Retail stores are required to comply with food safety guidelines to ensure that the raw meat is safe for consumption, stored at the correct temperature, and not cross-contaminated with other foods.

According to the Food and Drug Administration (FDA), raw unpackaged meat can be offered for self-service in retail stores when it is properly labeled and in compliance with food safety guidelines and regulations. Retail stores are required to comply with food safety guidelines to ensure that the raw meat is safe for consumption. It is important to make sure that raw meat is stored at the correct temperature and that it is not cross-contaminated with other foods.

In addition, the raw meat must be labeled with the name of the product, its ingredients, and any allergens that may be present. Retail stores are required to keep records of where they obtained the meat, and to have a recall plan in place in case there is a problem with the meat. Retail stores must also have a food safety plan in place that includes steps to prevent contamination of the meat.

In conclusion, raw unpackaged meat can be offered for self-service in retail stores if it is properly labeled and in compliance with food safety guidelines. Retail stores are required to comply with food safety guidelines to ensure that the raw meat is safe for consumption, stored at the correct temperature, and not cross-contaminated with other foods.

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Operations management is only about being as cost-effective as possible.
O True
O False

Answers

Answer:

True

Explanation:

Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects, for example.

Which margin is at the very bottom of the page when printing worksheets?

top margin
bottom margin
header margin
footer margin

Answers

Answer:

Footer Margin

Explanation:

Just took this :)

Answer:

Footer Margin

Explanation:

What is the risk that Lionel carries because of his spending habits?
Lionel Smith has a habit of buying everything on credit. He now has a huge debt and doesn’t have a concrete plan on how to pay it off. Failure to pay his debt can affect Lionel's 1.)______. It can also lead to 2.)______.

1.)
- earnings
- employability
- credibility

2.)
- financial instability
- overspending
- unemployment

Answers

Answer:

1. Credibility

2. Financial instability

Explanation:

Do you think drinking water can development of a country? help in the​

Answers

Answer:

no because you need a lot more to a  country then water.

Hope This Helped

who do yall want president let me know i choose biden..

Answers

Answer:

TRUMP MAKE AMERICA GREAT AGAIN !!!!!!!!!

Explanation:

A fan base is, in most ways, quite similar to a customer base.
A. False
B. True

Answers

The correct answer is ‘True’.
True in some ways. A fan supports the person statistically however a customer supports a person financially

If a loss from sale or exchange of property between related parties is disallowed and the property is subsequently sold to an unrelated party: a.The unrelated party may claim the loss previously disallowed. b.The disallowed loss is lost forever. c.The disallowed loss may be used to offset gain on the subsequent sale. d.An amended return may be filed to claim the loss previously disallowed. e.The disallowed loss may be used if there is a further loss on the subsequent sale.

Answers

Answer:

The disallowed loss may be used to offset gain on the subsequent sale

Explanation:

A recognized gain or loss is simply refered to as the gains or losses that increase or decrease the gross income of taxpayers.

The Internal Revenue Code (IRC) §267 had laid out rules guiding or relations to the deductions of either losses or expenses between 2 or more related parties.

The related-party loss disallowance rules states that tax laws significantly treat parties involved as though they are the same taxpayer and does not allow recognition of losses on sales to related parties and it may be able to forthrightly deduct the disallowed loss by selling the property to an unrelated third party at a gain and also oonly if the related buyer sells the property at a gain(the related-party buyer sells it for more than she purchased it for).

On the condition that the related-party buyer sells the property for less than her purchase price from the related seller, then disallowed loss expires unused.

What does the term "economic efficiency" mean? Explain in words (not just symbols). 2. What is the definition of a pure public good? Give two examples of pure public goods that are often provided by state or local governments. 3. Governments often provide goods or services that have spillover benefits (also called positive externalities). Explain what the term "spillover benefits" means. Give two examples of goods with spillover benefits that are often provided by state and local governments. Why is it argued that markets wil not provide a sufficient quantity of goods with spillover benefits?

Answers

1. Economic efficiency is defined as the best possible allocation of scarce resources which is attained when the marginal benefit of a good or service equals its marginal cost. In other words, it is a situation where the benefits derived from the production of a good or service is equal to the cost of producing it.

2. A pure public good is a good that is non-excludable and non-rivalrous. This means that it is impossible to exclude anyone from consuming the good or enjoying the benefits of the good and consumption of the good by one individual does not reduce the availability of the good for others. Pure public goods include national defense, street lighting, and public roads.

3. Spillover benefits, also known as positive externalities, refer to the benefits enjoyed by people who are not directly involved in producing or consuming a good or service. They are benefits that are not reflected in the market price of the good or service. Examples of goods with spillover benefits that are often provided by state and local governments include education and healthcare. Markets will not provide a sufficient quantity of goods with spillover benefits because firms cannot capture the full benefits of producing such goods, as the benefits spill over to people who do not pay for the good or service. Therefore, the market may under-produce goods with spillover benefits.

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You are taking a $5000 loan. You will pay it back in four equal amounts, paid every 6 months starting 5 years from now. The interest rate is 12% compounded semiannually. Calculate: The effective interest rate The amount of each semiannual payment The total interest paid

Answers

Answer:

Following are the solution to the given point:

Explanation:

Calculating the value of the effective interest rate:

Formula:

\(\text{Effective interest rate} =\frac{\text{annual nominal rate of interest}}{\text{compound year}}\)

                                  \(=\frac{12}{2} \\\\ =6\%\)

Calculating the value of Effective annual rate of interest:

\(=(1+ \text{The effective rate})^{\text{(compound number )}} -1\)

\(=(1+0.06)^2 -1\\\\=(1.06)^2 -1\\\\=1.1236-1\\\\=0.1236\\\\=12.36 \%\)

Calculating the Amount in each semiannual payment:

\(= 5000 \times (\frac{F}{P}, 6\% ,9) \times (\frac{A}{P}, 6\%,4)\\\\= 5000 \times 1.689479 \times 0.288591\\\\= 2437.85\)

Calculating the value of the total interest paid:

\(= 2437.85 \times 4 - 5000\\\\= 9751.40-5000\\\\ = 4751.40\)

in a job interview, amanda tells the hiring manager that she is eager to learn and passionate about the work the company does. which personality test trait does this showcase?
a. respect
b. enthusiasm
c. confidence
d. friendliness

Answers

Answer:enthusiasm

Explanation:

The personality test trait this showcase is enthusiasm. Thus the correct option is B.

What is a Job interview?

A job interview is referred to as an assessment technique used to evaluate the capabilities of an individual related to a particular job position. In a Job interview, a set of questions is asked by the employer to analyze the strength of an individual.

In the example presented, it is noted that Amanda informs the hiring manager during a job interview that she is eager to learn and enthusiastic about the work the company does.

Tests of practical techniques known as trait assessments are used to evaluate a person's personality and identify their personality traits.

In the given case, the personality test trait she is showing is enthusiasm as it reflects her excitement and interest to join the company. She portrays her thoughts to the hiring manager.

Therefore, option B is appropriate.

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Individuals who have been using the Wii do not want to switch to the Move because they relate it to a superior gaming experience and also because it has been in the market for a long time. The Wii is an example of a product that has _____.

Answers

The answer to the given question is as follows:Explanation:Individuals who have been using the Wii do not want to switch to the Move because they relate it to a superior gaming experience and also because it has been in the market for a long time.

The Wii is an example of a product that has high brand equity. High brand equity refers to a product that has strong brand recognition and is generally viewed favorably by consumers.

The product enjoys high consumer loyalty and demand. This means that the Wii has a strong brand identity, which leads to customer preference and loyalty over a longer period of time.

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Select three ratios that are equivalent to 7:67:67, colon, 6. Choose 3 answers: Choose 3 answers: (Choice A) A 12:1412:1412, colon, 14 (Choice B) B 21:1821:1821, colon, 18 (Choice C) C 42:3642:3642, colon, 36 (Choice D) D 63:5463:5463, colon, 54 (Choice E) E 84:6284:62

Answers

Answer:  B C D are the answers, your welcme! :)

Explanation:

Does NYU offer full financial aid to international students?

Answers

Yes, NYU does offer full financial aid to international students. NYU's Office of Financial Aid provides a comprehensive range of financial resources to assist international students in meeting their educational expenses. Financial aid is available in the form of grants, scholarships, and loans, depending on the individual student’s eligibility.

For students who demonstrate need, NYU offers a limited number of grants and scholarships. Grants are funds that do not need to be repaid, while scholarships are usually merit-based awards that do not need to be repaid. Scholarships are also available to international students on the basis of academic merit, special talents, or membership in certain cultural, religious, or ethnic groups.

Additionally, NYU offers loans to international students who demonstrate need. Loans are borrowed funds that must be repaid with interest. NYU offers several loan programs to international students, including the Federal Direct Loan Program, Federal Perkins Loan Program, and the NYU Loan Program.

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a factory costs $400,000. you forecast that it will produce cash inflows of $115,000 in year 1, $175,000 in year 2, and $290,000 in year 3. the discount rate is 10%.

Answers

After solving to equation the NPV of the factory investment is $58,467.06.

To determine the net present value (NPV) of the factory investment, we need to calculate the present value of the cash inflows using the discount rate of 10%.
Year 1 cash inflow: $115,000
Year 2 cash inflow: $175,000
Year 3 cash inflow: $290,000
Using the formula for present value (PV), we can calculate the present value of each cash inflow:
PV = Cash inflow / (1 + Discount rate)^n
Where n represents the number of years.
Year 1 PV: $115,000 / (1 + 0.10)^1 = $104,545.45
Year 2 PV: $175,000 / (1 + 0.10)^2 = $140,495.87
Year 3 PV: $290,000 / (1 + 0.10)^3 = $213,425.74
To calculate the NPV, subtract the initial investment ($400,000) from the sum of the present values of the cash inflows:
NPV = Year 1 PV + Year 2 PV + Year 3 PV - Initial investment
NPV = $104,545.45 + $140,495.87 + $213,425.74 - $400,000
Therefore, the NPV of the factory investment is $58,467.06.


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Do you agree that our society is more of a melting pot where our cultures
influence and change one another, or are we more of a tossed salad where
different cultures coexist but remain independent from one another? How
does this affect the job of a marketer or advertiser?

Answers

Answer:

I do agree that society is a melting pot because in almost all societies cultures mix. One example of this is the mestizo, people of European and Indian descent who mix both of their cultures in art and or architecture to show how they mix in real life.

Explanation:

How did the goal described in this excerpt most affect the u. S. Economy?.

Answers

The described goal that most affect the economy according to the excerpt is when Federal Reserve raised interest rates to control inflation.

What was described in the excerpt?

The excerpt quoted George Bush speech about the Iraqis and how their relationship with Saddem Hussein will most affect them and their economy.

However, the goal that most affect the economy according to the excerpt is if Federal Reserve raised interest rates to control inflation.

Therefore, the Option A is correct.

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what are the building blocks of a personality select all that apply A. emotional qualities B, ethnic identity

Answers

Answer:

A

Explanation:Bcause ethnic identity should not determine youre personality. Many peoplefrom the same ethic identity may have different personalities.

Answer:

emotional qualities, ways of behaving

Explanation:

correct on quick check.

Which of the following would cause the demand curve for an inferior good to shift to the left?
a) Decrease in income
b) Increase in price of a substitute good
c) Increase in price of a complement good

Answers

Option A decreases in income .  An inferior good is a type of good for which demand decreases as income increases. Examples of inferior goods include low-quality or generic brands, certain fast food items, and second-hand clothing.

When income decreases, consumers often become more price-sensitive and may switch to lower-cost alternatives, including inferior goods. As a result, the demand for inferior goods increases when income decreases, causing the demand curve to shift to the right. Conversely, when income increases, consumers may switch to higher-quality goods, causing the demand for inferior goods to decrease and the demand curve to shift to the left.

Therefore, if there is a decrease in income, it would cause the demand curve for an inferior good to shift to the left. An increase in the price of a substitute good or a complement good may affect the demand for an inferior good indirectly by changing consumer behavior and preferences, but it would not directly affect the demand curve for an inferior good.

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What is the primary lever to reduce cycle inventory? a. reduce the lot sizes b. None of these c. place orders closer to the time when they must be received d. Both of these

Answers

The primary lever to reduce cycle inventory is reduce the lot sizes. The correct option is "A".

Reducing lot sizes is the primary lever to reduce cycle inventory. Cycle inventory refers to the inventory held between consecutive orders of a product. By reducing the lot sizes, which are the quantities produced or ordered at a time, a company can minimize the amount of inventory held during each production cycle.

Smaller lot sizes allow for more frequent production or ordering, which helps to match supply with demand more closely. This reduces the amount of inventory sitting idle and lowers the overall cycle inventory. By implementing smaller lot sizes, companies can achieve better inventory management, improve operational efficiency, and respond more effectively to changes in customer demand. The correct option is "A".

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Which of the following tasks would be completed by a radio announcer

Answers

Answer:

Research questions for interviewing guests.

Explanation:

A Radio Announcer has several responsibilities among which could be research questions for interviewing guests, and be the voice of the show, he would have to do troubleshooting, nor train customers, he shouldn´t need to install telecommunication equipment, so the only responsibility that the radio announcer would have from the options would be D) Research questions for interviewing guests.

Identify each statement as either true or false. In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. Banks typically loan out a portion of customer deposits. Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals. The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs.

Answers

Answer:

false

true

true

true

false

Explanation:

Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.

If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out

Fractional banking is practiced in the US

Bank run is when depositors withdraw their monies from the bank due to fear of the bank failing.

The Federal Deposit  Insurance Corporation (FDIC) was established after the great depression. Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers. In the case a bank fails, customers are assured that they would not lose their monies deposited

Have a good day!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :)

Answers

Answer:

hey you too!

Explanation:

love the positivity

thank you!! hope you do too :)

Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?

Answers

Answer:

Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.

What is one major advantage of creating a division of labor in a business?
A. Employees are encouraged to become more self-sufficient.
B. Employees have fewer opportunity costs for switching careers.
C. Employees do not need to spend time learning multiple jobs.
D. Employees have fewer reasons to conduct voluntary exchange.​

Answers

The one major advantage of creating a division of labor in a business is that the employees are encouraged to become more self-sufficient.

What is the division of labor?

The division of labor is defined as the division of a work procedure in the business organizations into several tasks, each of which is performed by a different person or group of people.

It is one of the nucleus organizational rules of the assembly line and is most typically used to systems of mass manufacturing.

The advantage of this concept in the business is that the labors become more efficient in a particular activity as doing the common task again and again.

One important benefit of establishing a labor division in a company is that employees are encouraged to become more self-sufficient.

Therefore, option A is correct.

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a married taxpayer with no qualifying child or qualifying relative files an income tax return using what filing status? single. married filing jointly or married filing separately. head of household. qualifying widow(er).

Answers

A married taxpayer with no qualifying child or qualifying relative files an income tax return using the filing status of either married filing jointly or married filing separately.

The choice between these two options depends on the individual circumstances of the taxpayer. Generally, married filing jointly is the most beneficial option as it allows for certain deductions and credits that are not available with the married filing separately status.

However, there may be situations where it is more advantageous for the married couple to file separately, such as when one spouse has a large amount of itemized deductions or when one spouse has a high income and the other has a low income.

It is important for the taxpayer to carefully consider their options and consult with a tax professional to determine the best filing status for their individual situation. The head of household and qualifying widow(er) filing statuses are not applicable in this scenario.

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Determine which of the statements below is true regarding the adjusted bank balance and the adjusted book balance on a bank reconciliation. Multiple choice question. The adjusted book balance will rarely equal the adjusted bank balance. The cash balance on the bank statement must equal the cash balance in the general ledger before the bank reconciliation. The adjusted balance per books must equal the cash balance printed on the bank statement. The adjusted bank balance must equal the adjusted cash balance per books.

Answers

The statements that is true regarding the adjusted bank balance and the adjusted book balance on a bank reconciliation is: The adjusted bank balance must equal the adjusted cash balance per books.


What is  bank reconciliation?

Bank reconciliation can be defined as the way where by a company bank balance must be the same with the company cash balance.

In a situation where adjusted bank balance  does not equal or reconcile with the adjusted cash balance per books this means that there is an error and such error must be detected for the bank balance to equal cash balance when preparing a bank reconciliation statement.

Inconclusion the statements that is true regarding the adjusted bank balance and the adjusted book balance on a bank reconciliation is: The adjusted bank balance must equal the adjusted cash balance per books.

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How does 90 benefit payers?

Answers

Employers have options with 90 Degree Benefits, including reference-based pricing, direct facility contracts, concierge medicine, and standard network design.

We provide health plans built on specially developed benefits tailored to the needs of our clients across the nation through 24 offices servicing 560,000 members.

In our opinion at 90 Degree Benefits, a good health plan offers more than simply coverage. You can effortlessly align patients, providers, and payors with our assistance.

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The assumption that preferences are complete: Group of answer choices means that a consumer will spend her entire income. means that the consumer can compare any two market baskets of goods and determine that either one is preferred to the other or that she is indifferent between them. is unnecessary, as long as transitivity is assumed. recognizes that there may be pairs of market baskets that cannot be compared.

Answers

Answer:

means that a consumer will spend her entire income. means that the consumer can compare any two market baskets of goods and determine that either one is preferred to the other or that she is indifferent between them

Explanation:

In the case when the presumption is to be considered as completed means that the consumer would able to spend her overall income. That means the consumer could compared any kind of two markets for the goods and measures which one is to be preferred over the other or it is indifference between them

So as per the given situation, the first option is correct

Which of the following can an interviewer legally ask you about at a job interview?
A.
Your marital status
B.
Whether or not you have medical conditions
C.
Whether or not you’ve been convicted of a crime
D.
Your age

Answers

Whether you’ve been convicted of a crime ore medical condition
Other Questions
Each shape in the image shown below is a rectangle. Write a polynomial,in expanded form, to represent the area of the shaded region.3x+8x-3x +62x+6 Which excerpt from "The Beginnings of the Maasai is the best example of a feature found in myths?My job is important, so I work hard to do it well, even though the cattle can sometimes be troublesome.You see, soon after I was born, a massive volcano erupted right in the middle of the cattle plains.When we have rituals or community celebrations, I have to bring the cattle, because their presence is essential.One by one, Enkai sent the cattle walking down branches of the fig tree, all the way down to the roots at the ground. Audrey planned to move from iowa to arizona. en route, she was offered a job in colorado, which she accepted. she now lives in denver, colorado, and works for an athletic apparel design company. this is an example of __________. a. step migration b. forced migration c. a cyclic movement d. an intervening opportunity please select the best answer from the choices provided. a b c d _________ are people and equipment that perform process activities. Employees Outputs Inputs Resources Achieving flexibility can Reduce risk of injury Help you lose weightIncrease your stressCause muscle soreness only bones form fossilstrue or false quick pls !! A pitaya, or dragon fruit, is a tropical fruit with pink skin and pulp filled with tiny blackseeds. The weight of a pitaya seed is 1 x 107 ounce. What is the weight of the pitayaseed in standard form?Type the number in the box.oz (-1)^2+1 = 1. 22n+1(2n + 1)! n=0 HINT: Which Maclaurin series is this? E Total area=Help me please thanks so much please identify metamorphic rocks and complete table. "In the context of Maslow's need hierarchy, the need found at thebottom of the pyramid is the _____ need.a.physiological b. socialc. psychological d. self-actualizatione. safety f. all of the above A Michigan Orchard made 10,223 lb of taffy apples with approximately 1 lb Of tapis mixture for each 69.6 pounds of apples. To the nearest 10th of a pound how many pounds of apples and how many pounds of taffy were used Jerome writes 1/3 page in 1/2 minutes. How much time will it take Jerome to write a full page which statement is best supported by the data in the graph? responses finches were better able to find mates, and the population size increased in 1977 because of the abundance of grasses. as described in the biome reference chapter north american grasslands fall into The SALT II treaty was signed by President Creswell Corporation's fixed monthly expenses are $26,000 and its contribution margin ratio is 60%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $84,000 You and your friend are both 20 years of age. You decide to invest $200/month for 15 years in an investment earning 6% annually (compounded monthly) and then you stop making contributions. You then let the money sit and continue to compound for another 25 years. Your friend waits 15 years and then begins investing $350/ month for the next 25 years also in an investment earning 6% annually (compounding monthly). What is the value of your portfolio at the end of the 40 year investment period? $259,699 $58,163 $174,856 $242,548 QUESTION 8 You and your friend are both 20 years of age. You decide to invest $200/month for 15 years in an investment eaming 6% annually (compounded monthly) and then you stop making contributions. You then let the money sit and continue to compound for another 25 years. Your friend waits 15 years and then begins investing $350/ month for the next 25 years also in an investment earning 6% annually (compounding monthly). What is the value of your friend's porttolio at age 60? $259,699 $228,862 $274,574 $242.548 funny questionsIf you had a time machine, would you go back in time or visit the future? ...Would you rather have a home on the beach or in the mountains? ...What was your favorite game as a child? ...What food do you crave most often? ...If you could visit one place on Earth where would you go? PLEASE HELP ME !! HELPP !!!!!