ECON Decision Analysis
Other
Solve the following problems from the back of our eighth chapter:
8-7
8-11
8-33 HOWEVER: Instead of constructing choice table, I’d like you to use our ‘bracket’ analysis to determine the optimal choice at a MARR of 12.5000%. (i.e., use the information in the problem, but, instead of answering parts a and b, use the ‘bracket’ analysis)
8-35 HOWEVER: Instead of constructing choice table, I’d like you to use our ‘bracket’ analysis to determine the optimal choice at a MARR of 10.5311%. (i.e., use the information in the problem, but, instead of answering parts a and b, use the ‘bracket’ analysis)
If you want to solve these on paper, you may take a picture of your solutions and upload the pictures as your submission. Regardless of how you solve the problems, show your work in detail. The process of getting to the correct answer is (at this point) almost as important as the correct answer itself.
