C) convenience de others don’t make most of its revenues from those items
The price one bicycle is $21
Explanation:
because 100÷10=0.1
and the total is 300$
300-100=20
20+0.1=20
answer is 21
Answer:
Annual withdrawal= $57,032.02
Explanation:
Giving the following information:
Initial investment (PV)= $450,846
Interest rate (i)= 12.65%
<u>To calculate the annual withdrawal, we need to use the following formula:</u>
PV= Cf / i
Cf= annual cash flow
450,846= Cf / 0.1265
450,846*0.1265 = Cf
Cf= $57,032.02
A) there are no close substitutes
Explanation:
A monopoly results when there is a single provider of a particular good or service. Since they’re the only company providing that good or service, the consumer must conduct their business with that specific provider. For example, imagine that Walmart is the only store you can buy food from. Walmart would dominate the entire supply market as it would be the only store from which you can buy your food.