Answer: D
Explanation:
If you multiply 50×1.50 to get the American value of the pen in Europe it is 75 dollars US, so its cheaper in the US.
The nature of demand indicates that as the price of a good <u>increases</u> D) buyers desire to purchase <u>less</u> of it.
<h3>What is the demand curve?</h3>
The demand curve is a graphic representation of the relationship between price and the quantity demanded.
All things being equal, the demand curve shows a downward sloping demand when the price of goods increases because buyers purchase less quantity of the goods.
<h3>Answer Options:</h3>
A) suppliers wish to sell less.
B) more of it is produced.
C) more of it is desired.
D) buyers desire to purchase less of it.
Thus, the nature of demand indicates that as the price of a good <u>increases</u> D) buyers desire to purchase <u>less</u> of it.
Learn more about the nature of demand at brainly.com/question/15252089
#SPJ1
Answer:
B. $215 million
Explanation:
The present value of the payment can be found by discounting each cash inflow by the 6% discount rate.
The present value can be found using a financial calculator:
The cash flow for year one = $89
The cash flow for year two = $58
The cash flow for year three = $42
The cash flow for year four = $32
The cash flow for year five = $25
All cash flows are in millions
I = 6%
NPV = $214.87 Million
I hope my answer helps you
Answer:
Bank Certificate of Deposit (CD)
Explanation:
For the 65-year old widow in this scenario, the best recommendation would be a Bank Certificate of Deposit (CD). A traditional Bank CD is a time-bound deposit, in which you enter into an agreement to let the bank use your money for a fixed period of time, and in return, the bank pays you a higher interest rate than it would for a traditional savings account. Thus providing a good income with very low risk.
