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Answer:
The expectation would be for the quantity supplied to increase more this summer than in the following summers.
Explanation:
The quantity supplied would increase because the quantity supplied always follows the same direction as price, and since the price is not expected to change for a few years, then the quantity will also not change after the first increase.
Answer:
Add an integration clause to the contract.
Explanation:
Answer:
b
Explanation:
The highest amount he would be willing to pay should equal the present value of the cash flows
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = $1500
Cash flow in year 2 = 2100
Cash flow in year 3 = 3200
I = 10%
PV = 5503.38
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer: (D) Descriptive role
Explanation:
The descriptive is one of the role of the marketing research and its main function is that it helps in gathering all the facts or factual statement for explaining the current situation of the marketing program.
The descriptive marketing research is one of the method that basically describe various types of characteristics of the group such as education, income and the age of the members of group in an organization.
Therefore, Option (D) is correct.
