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Rus_ich [418]
3 years ago
10

For studying demand relationships for a proposed new product that no one has ever used before, what would be the best method to

use? a. ordinary least squares regression on historical data b. market experiments, where the price is set differently in two markets c. consumer surveys, where potential customers hear about the product and are asked their opinions d. double log functional form regression model e. all of the above are equally useful in this case
Business
1 answer:
dolphi86 [110]3 years ago
5 0

Answer:

the answer is D) all of the above are equally useful in this case

Explanation:

why? every company who is planing to offers a new good or product its important to know to which market you want to sell it, and the average age, either the company who had been working with the same product, perhaps more capacity of production in the same market, you have to do a market strategy to know if you are able to get into the new market.

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Calculate the following: The future value of lump-sum investment of $3,200 in four years that earns 6 percent. Round your answer
tresset_1 [31]

Answer:

(a) $4,040

(b) $3,434

(c) $348

(d) $3,265

Explanation:

(a) Calculate the following: The future value of lump-sum investment of $3,200 in four years that earns 6 percent. Round your answer to the nearest dollar. (Hint: Use Appendix A.1 or the Garman/Forgue companion website.) Round Future value of a Single Amount in intermediate calculations to four decimal places. $

To estimate this, the formula for calculating future value is used as follows:

FV = PV * (1 + r)^n ………………………….. (1)

Where,

FV = future value = ?

PV = lump-sum investment = $3,200

r = interest rate = 6%, or 0.06

n = number of years = 4

Substitute the values into equation (1) to have:

FV = $3,200 * (1 + 0.06)^4

FV = $3,200 * (1.06)^4

FV = $3,200 * 1.2625

FV = $4,040

(b) The future value of $1,100 saved each year for three years that earns 4 percent. Round your answer to the nearest dollar. (Hint: Use Appendix A.3 or the Garman/Forgue companion website.) Round Future value of Series of Equal Amounts in intermediate calculations to four decimal places. $

To calculate this, the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (2)

Where,

FV = Future value of the amount after 3 years =?

M = Annual savings = $1,100

r = interest rate = 4%, or 0.04

n = number of years = 3

Substituting the values into equation (2), we have:

FV = $1,100 * (((1 + 0.04)^3 - 1) / 0.04)

FV = $1,100 * 3.1216

FV = $3,434

(c) A person who invests $1,800 each year finds one choice that is expected to pay 4 percent per year and another choice that may pay 7 percent. What is the difference in return if the investment is made for four years? Round your answer to the nearest dollar. (Hint: Use Appendix A.3 or the Garman/Forgue companion website.) Round Future value of Series of Equal Amounts in intermediate calculations to four decimal places. $

To do this, we first calculate the return of each of the 2  investments by using the the formula for calculating the Future Value (FV) of an Ordinary Annuity in part b above is used as follows:

<u>Calculation of return at 4 percent</u>

Where;

FV at 4% = Future value of the return after 4 years =?

M = Annual savings = $1,800

r = interest rate = 4%, or 0.04

n = number of years = 4

Substituting the values into equation (2), we have:

FV at 4% = $1,800 * (((1 + 0.04)^4 - 1) / 0.04)

FV  at 4% = $1,800 * 4.2465

FV  at 4% = $7,644

<u>Calculation of return at 7 percent</u>

Where;

FV at 7% = Future value of the return after 4 years =?

M = Annual savings = $1,800

r = interest rate = 7%, or 0.07

n = number of years = 4

Substituting the values into equation (2), we have:

FV at 7%= $1,800 * (((1 + 0.07)^4 - 1) / 0.07)

FV at 7% = $1,800 * 4.4399

FV at 7% = $7,992

<u>Calculation of the difference in return</u>

This is calculated as follows:

Difference = FV at 7% - FV at 4% = $7,992 - $7,644 = $348

(d) The amount a person would need to deposit today with a 7 percent interest rate to have $4,000 in three years. Round your answer to the nearest dollar. (Hint: Use Appendix A.2 or the Garman/Forgue companion website.) Round Present value of a Single Amount in intermediate calculations to four decimal places. $

To estimate this, the formula for calculating present value is used as follows:

PV = FV / (1 + r)^n ………………………….. (1)

Where;

PV = Present value or amount to deposit today = ?

FV = future value in three years = $4,000

r = interest rate = 7%, or 0.07

n = number of years = 3

Substitute the values into equation (1) to have:

PV = $4,000 / (1 + 0.07)^3

PV = $4,000 / 1.2250

PV = $3,265

4 0
3 years ago
Kenneth is admired as a manager because of his ability to work well with others to get things done. Which type of skill is Kenne
riadik2000 [5.3K]

Answer:

Is teamwork skills

Explanation:

Working well in a team mean:

Work with a group to achieve a goal or shared result effectively

Listen to team members.

Take into account the ideas of all the team

6 0
3 years ago
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Regardless of how departments like​ accounting, engineering,​ finance, and marketing function in an​ organization, they are all
Nataly_w [17]
I think ur answer is C
3 0
3 years ago
A(n) _________ is a yearly published statement of the financial condition, progress and expectations of an organization.
Anika [276]

Answer: Annual Report

Explanation:

Completing the question with right answer:

An annual report is a yearly published statement of the financial condition, progress and expectations of an organization.

The financial report is normally targeted at the stakeholders and other individuals who have interest in the organization.

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3 years ago
Which of the following is the type of logical database model that treats data as if they were stored in two-dimensional tables?
Luden [163]

Answer: (C) Relational DBMS

Explanation:

 The relational database management system (DBMS) is specifically designed for the purpose of relational databases by using the concept database management system.

 The relational database is basically refers to the DBMS which store the data or information in the form of structured format by using various columns and rows.

The relational DBMS makes more easy to access the values which is more specific in the database management system.

Therefore, the relational DBMS is one of the type of logical database system that basically treats the data in the form of dimensional table

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