Answer:
Shopping and convenience
Explanation:
Pat shopped at Target for new summer shorts. After trying on three different brands and price comparing, he decided to buy the Dockers shorts. While heading to the checkout stand, he spotted earphones hanging on the endcap of the electronics area. Remembering he needed new earbuds for his iPod, he grabbed a set and paid for it all at the checkout counter. What types of product categories did Pat experience in this shopping trip
Pat experience shopping and convenience product categories; the dockers shorts is the shopping product while the ear phone is the convenience product.
Shopping products are types of products categories in which a consumer takes his or her time to deliberate, research, compared on a product before they decided to buy the said product while convenience product is one that required no deliberation, the are usually routine products.
Answer: A. The island of Atlantis has an increasing opportunity cost of producing potatoes and the production possibility frontier is bowed outward.
Explanation:
When there is an increasing opportunity cost of producing a good, the Production Possibilities Frontier (PPF) will be bowed out to represent that as more of the good is being produced, more of another good is being given up to do so.
For the island of Atlantis therefore, as they produce more of potatoes, they are giving up being able to produce whatever more and more of other goods they produce which is therefore leading to a PPF that is bowed outward.
Answer:
p = 59.11 dollars
Explanation:
Given
Price: p(x) = 8eˣ (0 ≤ x ≤ 2)
Revenue; R = x*p = 8xeˣ
p = ? when R be at maximum
We can apply
dR/dx = d(x*p)/dx = 0
⇒ d(8xeˣ)/dx = 8*(1*eˣ + x*eˣ) = 0
⇒ eˣ*(1 + x) = 0 ⇒ x = - 1
as x = - 1 ∉ [0, 2]
then, we have
p(0) = 8e⁰ = 8
R = 0*8 = 0
If x = 1
p(1) = 8e¹ ≈ 21.74
R = 1*21.74 = 21.74
If x = 2
p(2) = 8e² ≈ 59.11
R = 2*59.11 = 118.22
Implies that, R(x) is maximum at x = 2.
Thus, the price that maximize the revenue of the company is 59.11 dollars.
Answer:
Online displays (banner) ads
Explanation:
This has the potential to appear to any website user in an unsolicited manner
Answer:
The withdrawals will be of $ 11,379.014 per month
Explanation:
Future value of the annuities:
C 750.00
time 360(30 years x 12 monhs per year)
rate 0.008333333 (10% / 12 months)
PV $1,695,365.9436
C 250.00
time 360 (30 years x 12 monhs per year)
rate 0.005 (6% / 12 months)
PV $251,128.7606
Total 1,695,365.84 + 251,128.76 = 1.946.494,6
and from here we withdraw for 25 years:
PV 1,946,495
time 300 (25 years x 12 months)
rate 0.004166667 (5% / 12 months)
C $ 11,379.014