Answer: Inseparability
Explanation: Inseparability refers to the characteristic of a service. It states that production and consumption of the service could not be separated. In simple words, if the service is provided by any service provider then it must be consumed.
For example if a doctor is providing service then it must that there would be a patient to consume it.
In the given case, Martha could not provide the service if the customers are not there. Hence we can conclude that the correct option is C.
Answer:
A) we often do not have sufficient resources to achieve our objectives
Explanation:
Scarcity is an economic problem that comes with scarce resources and unlimited wants. In this situation people have to decide on how to allocate resources better so as to satisfy their need, which involves opportunity cost.
Scarcity occurs when resources needs to satisfy ends are limited in supply. It is a foundational problem in economics.
Answer:
True
Explanation:
When a project has a positive net present value(NPV), it means that its NPV is greater than 0 hence you accept it . The Internal rate of return (IRR) of that project would also be greater than the cost of capital (hurdle rate). If the cashflows are conventional, the net present value rule and IRR rule are usually in agreement when making a decision on potential projects.
Answer:
Store of wealth
Explanation:
Store of wealth means that money retains it value and purchasing power over time. Thus, it can be stored or kept away and used sometime in the future without money losing its value.
Other functions of money are :
1. Medium of exchange: money can be used to exchange for goods and services in transactions.
2. Unit of account: money can be used to determine the value of goods and services being exchanged.
I hope my answer helps you
Answer:
$71.80
Explanation:
First, calculate the present value (PV) of each year's dividend at 11% required return;
PV(of D1) = 1.65 / (1.11) = 1.4865
PV(of D2) = 1.97 / (1.11²) = 1.5969
PV(of D3) = 2.54 / (1.11³) = 1.8572
Find D4 = 2.54(1+0.08) = 2.7432
Next find Present value PV of terminal cashflows
PV(of D4 onwards) =
Add the PVs to find the current value of the stock today;
= 1.4865 + 1.5969 + 1.8572 + 66.8601
= 71.8007
Therefore, it is worth $71.80