Answer:
price of iPhones decreases
Explanation:
A decrease in price increases quantity demanded but does not increase demand.
iPhones and Android phones are substitute goods.
Substitute goods are goods that can be used in place of another good.
An increase in the price of androids increases the cost of androids. So, consumers would increases their demand for iPhones.
Because iPhone is assumed to be a normal good. An increase in the price of iPhones would increase the demand for the good.
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Data plans and iPhones are complement goods.
Complementary goods are goods that are consumed togethe
A decrease in the price of data plans would increase the demand for iPhones.
Answer:
Present value investment = $98.05
Explanation:
given data
present value = $100
time 1 = 6 months = = 0.5 year
time 2 = 5 years
time 3 = 10 years
interest rate = 4 % = 0.04
to find out
Present value investment in 6 month for the rate 4 percent
solution
we get here Present value investment by as
Present value investment = present value ÷ ..............1
put here value and we get
Present value investment =
solve it we get
Present value investment =
Present value investment = $98.05
Answer: Partnership selling
Explanation:
Partnership is a firm of business that occurs when two or more people pool their resources together on order to achieve a common goal.
Partnership selling focuses on the creation of a buying environment
that is based on the customer defined value. For partnership salespeople, they create a bridge between themselves and the customers which give them win-win solutions.
Answer:
Year 1 Real GDP = $50
Year 2 Real GDP = $49
Explanation:
Real GDP expresses the value of all goods and services produced in an economy in a given year, expressed in base year prices.
In Year 1:
Bread: 10 loaves x $3 = $30
Apples: 20 apples x $1 = $20
Real GDP in Year 1: $30 + $20 = $50
In Year 2:
Bread: 8 loaves x $3 = $24
Apples: 25 apples x $1 = $25
Real GDP in Year 2 = $24 + $25 = $49
Note that in Year 2, although we use the quantities from Year 2, we use prices from the base year (Year 1).
Answer:
Price of stock = $40
Explanation:
According to the dividend growth model, the price of a stock is the present value of expected dividend discounted at the required rate of return.
This is done as follows:
Price of a stock = D×(1+r)/(r-g)
D(1+g) - Dividend for next year = 100%-40%× $3 = $1.8
g- growth rate - 10%
r- required rate of return - 15%
Price of stock = 1.8× (1.1)/(0.15-0.1)
= $40