Answer:
price of iPhones decreases
Explanation:
A decrease in price increases quantity demanded but does not increase demand.
iPhones and Android phones are substitute goods.
Substitute goods are goods that can be used in place of another good.
An increase in the price of androids increases the cost of androids. So, consumers would increases their demand for iPhones.
Because iPhone is assumed to be a normal good. An increase in the price of iPhones would increase the demand for the good.
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Data plans and iPhones are complement goods.
Complementary goods are goods that are consumed togethe
A decrease in the price of data plans would increase the demand for iPhones.
Answer:
7.67%
Explanation:
The Excel rate function can be used to determine the before-tax cost of debt as follows:
=rate(nper,pmt,-pv,fv)
nper=number of semiannual coupons in the remaining 20 years=20*2=40
pmt=semiannual coupon=$45
pv=current amrket price= $896.87
fv=face value=$1000
=rate(40,45,-896.87,1000)=5.11%
5.11% is the semiannual yield
yield to maturity=5.11%*2=10.22%
after-tax cost of debt=pretax cost debt*(1-tax rate)
tax rate=25%
after-tax cost of debt=10.22%*(1-25%)=7.67%
I believe the answer is Location Targeting.
Location targeting help advertisers to provide appropriate advertising that is relevant to the people that live in a certain location.
For example, an advertisement for sunblock products would be much more efficient if it's advertised to the people that live near the beach such as Miami.
Explanation:
because of the popularity