Answer:
The correct answer is letter "C": Kelvin buys more donuts at $0.80 per donut than at $0.95 per donut, other things equal.
Explanation:
The demand law states that if the price of a good or service decreases, the quantity demanded for that good or service will increase. On the other hand, if the price of a god or service increases, the quantity demanded will decrease. The price-quantity demanded of the demand law is inversely proportional, <em>ceteris paribus</em>.
Thus, Kelvin's case is an example of the demand law since he purchases more donuts when the price is lower ($0.80) and purchases fewer donuts when the price is higher ($0.95).
I am still working on my business plan.
Answer:
Option c (DM = about 1.13 DG) is the right approach.
Explanation:
Given:
DM price,
= 2.0583
DG price,
= 2.3194
Now,
By cross rates, the DG price of DM will be:
= 
= 
Thus the above is the correct option.
Answer:
d. $757,991.26
Explanation:
Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)
= (325,000/1.10) + (425,000/1.10^2) + (450,000/1.10^3) + (400,000/1.10^4)
= $1,257,991.25743
NPV = Present value of inflows - Present value of outflows
NPV = $1,257,991.25743 - $500,000
NPV = 757991.25743
NPV = $757,991.26
Answer:
Scrum
Explanation:
Agile practices are used in the software development industry to solutions through collaboration between cross functional teams along with input from the customer.
This ensures that quality product is delivered in a timely manner.
We have two major methodologies in agile practice: scrum and Kanban.
Kannan is where a board is used that shows visually 3 items: to do, doing, and done. This drives the team to know where they are and what is coming next.
Scrum involves dividing the project into sprints and focusing on managing one sprint at a time. There is position for scrum master and product owner.
The given scenario where the team decides to work in a series of sprints, with brief daily meetings to ensure all team members collaborate effectively, is a scrum approach