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TEA [102]
3 years ago
12

FindFriend is an instant messaging application for smartphones. New smartphone users find it easier to connect with friends and

relatives through this mobile app when compared to other similar instant messaging applications. Hence, it has the largest user base in the industry. Thus, FindFriend app's value has increased primarily due to its _____.
Business
1 answer:
Anettt [7]3 years ago
6 0

Answer:

Network Effects

Explanation:

Network Effects is an effect in which the higher number of people that use a product or service increases the value of it and this makes new users to want to use the product to get the benefits from the network. According to this, the answer is that FindFriend app's value has increased primarily due to its network effects because people uses FindFriend to connect easily with their friends and family and it has the largest user base which shows the network effect as the higher number of people generates more value as they are able to communicate with everyone.

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An investment project provides cash inflows of $600 per year for eight years.
I am Lyosha [343]

Answer:

(i) 2.71 years

(ii) 5.38 years

(iii) Never or 0

Explanation:

1. Payback period:

= Initial cost ÷ cash inflows

= 1625 ÷ 600

= 2.71 years(Approx).

2. Payback period:

= Initial cost ÷ cash inflows

= 3225 ÷ 600

= 5.38 years(Approx).

3. The payback period for an initial cost of $5,100 is a little trickier.

Notice that the total cash inflows after eight years will be:

= 8 × $600

= $4,800

Payback period

= Initial cost ÷ cash inflows

= 5100 ÷ 600

= 8.5

This answer does not make sense since the cash flows stop after eight years, so again, we must conclude the payback period is never.

7 0
4 years ago
Which number is equivalent to(2.3×107)×(1.1×103)?
mylen [45]

Answer:

Explanation:

Where are the numbers?

3 0
3 years ago
Round 23,748.3753 to the nearest hundredths.​
andreyandreev [35.5K]
23,748.3853 i think that’s the answer
3 0
3 years ago
The ______ is when a higher price level reduces the purchasing power of the public's accumulated savings balances. Multiple choi
katovenus [111]

Answer:

Explanation:

Hi

4 0
3 years ago
Javier left his home country to become a gardener for a family in a suburb of San Francisco, California. One of the benefits of
mario62 [17]

Answer: socialist economic system

Explanation: In simple words, a socialist system refers to the system in which the forces of demand and supply are heavily controlled by the government. In such economies, the goods and services are produced with an objective of social welfare and not generation of profit like in capital economy.

In the given case, the home country of Javier provided the service of public transportation at lower prices unlike in California.

Hence from the above we can conclude that the correct answer is socialist economic system.

8 0
3 years ago
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