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Assignment 6 & 7 & 8.

“Assignment 6”
Write a two page double spaced essay in which you discuss the importance of competition within an industry for consumers. Be sure to use the long run industry standards in your essay.

P.S: don’t forget to write work cited page. I choose 3 sources but you can use it less or more if you want.

“Assignment 7”
The United States Department of Labor’s Bureau of Labor Statistics offers an Occupational Outlook Handbook as one of its publications. Review the Handbook for the occupation you wish to enter. Write a one to two page double spaced paper discussing the outlook for your occupation.

P.S. don’t forget to write work cited page. I choose 3 sources but you can use it less or more if you want.

“Assignmnet 8”
1. Assume I won 100 million dollars in a lottery that pays installments of 20 million dollars a year for five years or a lump sum of less than 100 million dollars. If I take the installments, my first installment would come the day I claimed my winnings at the state lottery office. If I take the lump sum, I would receive that payment the day I claimed my winnings at the state lottery office. Assume that the interest rate is 5% per year. Calculate what the lump sum should be so that it would exactly equal the stream of installments. You must show and explain your work to be given credit for this assignment.

2. How would your answer change if the first installment in the question above did not come until one year after I claimed my winnings. You must show and explain your work to be given credit for this assignment.

do not need pages of explanation. Just three or four sentences for each question.

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