Answer:
Total PV= $15,103.49
Explanation:
Giving the following information:
Cf1= 4,500
Cf2= 5,700
Cf3= 8,000
Discount rate= 9%
<u>To calculate the present value, we need to use the following formula on each cash flow:</u>
PV= FV/(1+i)^n
Cf1= 4,500/(1.09)= $4,128.44
Cf2= 5,700/1.09^2= $4,797.58
Cf3= 8,000/1.09^3= $6,177.47
Total PV= $15,103.49
Answer:
The correct answer is number "3": doesn't reduce quality or increase price.
Explanation:
Different groups of people within a market imply different needs and preferences pushing companies to diversify in order to fulfill them. Though, one of the main characteristics of that diversification must be accessibility. Companies expect to gain in sales thanks to the segmentation of the market but not necessarily by increasing the price of the new products being sold or decreasing their quality.
The question is incomplete, it lacks option.
A) Brand loyalty
B) Demographic forces
C) Political forces
D) Brand positioning
E) Economies of scale
Answer:
Economies of scale
Explanation:
Economies of scale can be described as a reduction in cost, this occurs when companies increases the rate of their production.
Economies of scale can also be reffered to as a process whereby an organization becomes more efficient and therefore reduces the costs of their products.
Economies of scale can be greatly influenced by a large amount of capital which is made available to companies to improve their various operations.
Answer:
<em>1. When the price of fresh fish increases 5%, quantity demanded decreases 10%. The price elasticity of demand for fresh fish is elastic.</em>
<em>2. The determinants of elasticity include d) all of the above.</em>
<em>3. Cross-price elasticity of demand measures the response in the d) quantity of one good demanded to a change in the price of another good.</em>
<em>4. A value of price elasticity of demand equal to 2 means that b) quantity demanded falls by two times the amount of an increase in price.</em>
Explanation:
<em>Price elasticity of demand = % change in quantity demanded of a good / % change in price of the good</em>. Value greater than 1 implies quantity demanded is price elastic, equal to 1 implies quantity demanded is price unitary elastic and smaller than 1 implies quantity demanded is price inelastic.
<em>Cross Price Elasticity of demand = % change in quantity demanded of a good / % change in price of another good</em>.
For rest, refer to the answer.
