Answer:
The answer and procedures of the exercise are attached in a microsof excel document.
Explanation:
After a research on internet I found the exercise and the questions better explained. The correct formulation is attached as an image. Please let me know that we are looking to the same exercise.
Please consider the data provided by you. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer: C. Jill should focus on the business market and license the natural gas rights.
Explanation:
Option C is indeed the right answer. Focusing on the Business Market will get her a better deal because larger companies will be involved.
It would be very advantageous to license the rights as there will be various bids for the license with the largest bid getting it and only for a period of time.
Going with this option can get Jill a better deal all round.
Answer:
d. $33,641.50
Explanation:
In this question, we use the PMT formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $375,000
Future value = $0
Rate of interest = 7.5%
NPER = 25 years
The formula is shown below:
= -PMT(Rate;NPER;PV;FV;type)
So, after solving this, the answer would be $33,641.50
Answer: B
Explanation: Service Variability as I learned it is defined as how the service of quality changes depending on how the service is given to you. For example two different lawn mowing comapnies.
Answer:
$ 0
Explanation:
Under monopolistic competition, firms reach equilibrium in the long-run: this equilibrium is a point in which the marginal cost of producing one additional unit of ouput are the same as the marginal revenue from the sale of the same additional unit of output.
In other words, in the long-run, firms under monopolistic competition can only break-even, they do no obtain economic profits.
