Prohibited. The prospectus should be given to the customer in whole to consider.
<span>Firm that uses alliances and connections with corporate, government, academic labs, and consumers to develop new products and processes uses open innovation, a newer approach to R&D.
In open innovation, firms should be using external and internal ideas, paths to market and advance their technology. R&D stands for research and development and this is a new way to describe, with some changes, a way organizations to conduct research and development. </span>
Answer:
True
Explanation:
In this question, we have to find out the present value which is shown below:
= Annual payment × PVIFA for 5 years at 6
%
= $2,000 × 4.2124
= $8,424
Refer to the PVIFA table
Basically we multiply the annual payment with the PVIFA to allow the exact amount to arrive. The present value comes after taking the discount rate into account for the number of periods
Answer:
The correct answer is option c.
Explanation:
A firm is able to maximize its profit when the marginal revenue earned is equal to the marginal cost incurred. This is true for all market structures whether competitive or imperfect competition.
When the output is produced at the point where marginal revenue and marginal cost are equal, it implies that the last unit produced is adding more to revenue than to costs. And the production of the last unit is increasing profits or reducing losses.
At this point, the marginal profit is zero when the marginal profit becomes negative it implies that the total profit is decreasing. so for profit maximization marginal profit should be zero or marginal revenue should be equal to marginal cost.
