If the marginal benefit is greater than the marginal cost
The marginal benefit is the amount of satisfaction that you receive when you consume an additional goods or service, meanwhile the marginal cost is the amount of sacrifice that you need to do in order to get that additional good or service.
to put it simply, You better off consuming that additional product if the satisfaction that you get is worth the sacrifice that you make
So that you can make the makup look correct and not to synthetic and ugly
It would be overdraw because you’re gonna take money out of your bank account etc.
Honesty, responsibility, fairness, respect, transparency and citizenship.
Answer:
a.- r= 6% Value: 23.40

b.- r = 8% Value: 11.70

c.- r = 11% Value: 6.69

d.- r = 12% Value: 5.85

e.- r= 19% Value: 3.12

Explanation:
We will calcualte the gordon model for the different rates of return:

Dividend_1 is next year dividends.
If dividends raise by 4% then:
0.45 x 1.04% = 0.468
<u>now we calculate for the different returns:</u>