Answer: c. They would do better charging $15 than $10.
Explanation:
It is given that Max and Maddy total cost of car parking remains the same, that is it does not matter whether they have seven or five cars parked on their lawn. So, since total cost is constant, Max and Maddy's decision would depend on total revenue.
Total revenue from charging, $10 is $70,
Total revenue from charging $15 is $75.
Since, total cost is constant, Max and Maddy will choose to charge $15 since it is giving them $5 more.
Answer:
1693.25
Explanation:
The computation of the current price of the item and the price 9 years from today is shown below:-
p(t) = 1,200 × (1.039)^t
Now, the current price can be found by putting t = 0
p(0) is
The price 10 years from today
p(9) is
Now we will solve the above equation
= 1,200 × 1.411041958
= 1693.25035
or
= 1693.25
Answer:
A. Supplier power is increased, because suppliers will be able to charge higher prices for their inputs
Explanation:
<span>The method by which a message is conveyed between people is called a discussion or a dialogue. The idea here is to allow a certain communication among participants in a back and forth manner.</span>
