Setting the highest initial price that customers really desiring the product are willing to pay when introducing a new or innova
1 answer:
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Use
Substituting
F=1000, P=863.84, n=3
solve for i
solving for i
=>
=0.0500
Answer: the annual interest rate is 5%
Substituting
F=1000, P=863.84, n=3
solve for i
solving for i
=>
=0.0500
Answer: the annual interest rate is 5%
Answer:
price level fall and value of money is rises
Explanation:
given data
one year basket costs = $10.00
two year two basket costs = $9.00
one year buy baskets = $50
year two,buy baskets = $50
to find out
as the price level falls, the value of money will be
solution
we see that when we compare to 1 year price go down from $10 to $ 9
so deflation at annual rate is = 10%
so here
sum of $50 will be buy here = = $5 in one year
and $ 50 buy in 2 year is = = $5.56 in two year
so this is show here that price level fall and value of money is rises