Answer and explanation:
Location is one of the many factors businesses must consider at the moment of starting operations. Commercial areas tend to have higher rent and property prices. Typically, businessmen deal with it by increasing their products price so they can cover expenditures and make a profit. At the same time, most consumers are willing to pay the higher price for the product because it removes the need for relocation even if it could imply moving one or two blocks away.
I think the answer would be alone
Answer:
FV= $11,134
Explanation:
Giving the following information:
Future value= $11,134
Interest rate= 4%
Inflation rate= 4%
Number of periods= 9 years
<u>The inflation rate provokes the opposite effect of the interest rate. Therefore, if the interest rate and the inflation rate are equal, the value of money through time remains constant.</u>
FV= PV*(1+i)^n
FV= 11,134* (1+0.04-0.04)^9
FV= $11,134
Answer:
Sunk; disregarded
Explanation:
Sunk cost is cost that has already been expended and cannot be recovered. It shouldn't be considered when making decisions.
No matter how much one argues, one would not be able to recover the $25. Therefore, it is sunk cost.
I hope my answer helps you