Answer:
All of them is wrong. It's E. You
Explanation:
I believe your answer is B
A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without payment
<span>When museums charge a lower admission fee to students and senior citizens, this form of pricing is known as price discrimination.
Price discrimination is a way of changing the prices for something based on time of day, amounts sold, or who they are sold to. This type of discrimination is done to try and maximize profits in the largest way possible. </span>
Answer:
The company paid $278,031
Explanation:
Giving the following information:
A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been 3.7%.
<u>To calculate the past value of the land, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= present value (20 years ago)
n= 20
FV= 575,000
i= 0.037
PV= 575,000 / (1.037^20)
PV= $278,031
