Answer:
$1,555.36
$1656.48
$2013.57
Explanation:
The formula for calculating future value = A (B / r)
B = [(1 + r)^ nm] - 1
FV = Future value
P = Present value
R =Monthly interest rate interest rate
N = number of years
1. 6% APR
$18[ (1 + 0.005)^72 - 1] / 0.005 = $1,555.36
2. 8% APR
$18[ (1 + 0,006667)^72 - 1] / 0.00667 = $1656.48
3. 14% APR
$18[ (1 + 0.011667)^72 - 1] / 0.011667= $2013.57
Answer:
The correct answer is option B.
Explanation:
In a perfectly competitive market, there is a large number of sellers selling homogenous products. Because of a large number of firms selling identical products, no single firm can affect the price and output level in the market.
All the firms are price takers and face a horizontal line demand curve. There is no restriction on the entry and exit of firms in the market. That is why firms earn zero economic profits in the long run.
Answer:
Increase the production to decrease the fixed cost per unit
Explanation:
The reason is that if the production increases then the fixed cost will start decrease because the level of production and fixed cost per unit are inversely proportional to each other. Now if the production increases to 1250 ($500/0.4) units then the firm is at no profit and no loss position (Breakeven position). So all the firm has to do is increase its production above 1250 and generate the demand of increased production at the same price.
There are four types of market segmentation
<span>1. </span>Demographic –<span> segments a population based on age, gender, size of family, earnings, work, religion, ethnic race, and nationality.</span>
<span>2. </span>Behavioral –segments on the basis of their behavior, usage and decision-making pattern.
<span>3. </span>Psychographic - uses people’s lifestyles, their activities, and interests
<span>4. </span><span>Geographic - uses location as basis</span>
<span>From the given definitions, Sunny Pet uses the demographic type of segmentation. </span>
Answer:
greatly increased.
Explanation:
IPO refers to Initial Public Offering which is what new companies begin to do by offering initial shares of the company in order to raise money. This being said we can say that at this stage of its life cycle, its ability to attract venture capital is greatly increased. This is because Venture Capital are private equity from a large number of firms looking to invest in new companies with very high growth potential for the future.
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