Answer:
The clamshell should be purchased.
Explanation:
Note: see the attached for the calculation of the net future worth (NFW) of the two options.
NFW of Buy Option = $121,150.54
NFW of Lease Option = –$302,003.98
Since the $121,150.54 NFW of the buy option is positive, while the $302,003.98 NFW of the lease option is negative, the clamshell should be purchased.
Answer:
Simplify or reduce all of your answers
*According to given data the answers are simplified and solved.
a. 27+ 37 answer: -----------64-------------
b. 13+ 16 answer: ------------29-------------
c. 43+ 27 answer: -----------70-------------
Competitive. The answer would be competitive because they want to display that they have better deals than opposing companies to make profit.
Answer:
Consumption of good will increase by 15%
Explanation:
Price Elasticity of Demand : is demand responsiveness to price change.
Ped = Percentage change in demand/ percentage change in price
Ped = %ΔQ / %ΔP
%ΔP = -5 ; Pe = -3 [Given]
As per formula :
-3 = %ΔQ / -5
%ΔQ = (-3)X (-5) = +15%
Percentage change (increase) in Quantity = 15%
Answer: $80
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
The opportunity cost of writing a term paper is $80 that she values by going out with a friend and it is the higher cost alternative.