Answer:
Project S = $672.48
Project L = $11,500
Explanation:
Net Present Value (NPV) Is Calculated by Taking the Present day (Discounted) Value of all future Net Cash flows based on the Business Cost of Capital and Subtracting the Initial Cost of the Investment.
Using a Financial Calculator NPV calculations will be as follows:
Project S
CF0 = ( $11,000)
CF1  = $3,400
CF2  = $3,400
CF3  = $3,400
CF4  = $3,400
CF5  = $3,400
i = 14 %
NPV = $672.48
Project L
CF0 = ( $23,000)
CF1  = $6,900
CF2  = $6,900
CF3  = $6,900
CF4  = $6,900
CF5  = $6,900
i = 14 %
NPV = $11,500.
 
        
             
        
        
        
The obstacle to defining the research problem was that the company failed  in collecting quantitative data /Selection of inappropriate respondent resulted in wrong output.
Explanation:
A research design is a blue print that a company prepares for conducting  marketing research .
A firm collects quantitative data by conducting surveys and asking the customers or consumers to fill the forms (questionnaires).These surveys and questionnaires helps the company in making product related decision in various markets.(i.e how to customize the product as per the taste and the preferences of the consumers)
<u>The obstacle to defining the research problem was that the company failed  in collecting quantitative data /Selection of inappropriate respondent resulted in wrong output.Hence the company Refrez Inc failed to acknowledge the fact that people in the United States eat cereal with cold milk, whereas the people of China eat cereal with hot milk.</u>
As a result, Refrez Inc witnessed a decline in sales of its product in Chinese market . 
 
        
             
        
        
        
The Northern Hemisphere will be in summer with it is tilted towards the sun, and the Southern Hemisphere will be in winter because it is tilted away. 
This is easy to remember because when one hemisphere is closer to the sun, it will be warmer. 
 
        
             
        
        
        
The equilibrium level of consumption is $28500.
The equilibrium level of consumption is at the point where the disposable income is equal to the consumption.
If this was properly placed in a tabular form, we would clearly see that when the disposable income was at $28500, the consumption in dollars was also at the same price level.
Given this condition, we can conclude in economics that consumption is at its level of equilibrium.
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