Answer: Choiceboard
Explanation: A choiceboard may be explained as an online tool usually developed by product makers or manufacturers which affords consumers to make bespoke or custom products by allowing them the flexibility of making personal choices about the type, attribute and specifications they would want their personal product to posses. The choiceboard will contain a list of various options available on each of the specifications a product could have and the customer makes his or her choice allowing them to build a fully customized product.
Answer:
The investor will prefer asset U. So the correct answer is option D
Explanation:
To choose between these stocks, we will calculate the coefficient of variation (CV) which is used to assess the risk per unit of expected return. As most people are risk averse, we assume that the investor is risk averse. We will calculate the CV for all three investments and the stock having lowest CV will be selected.
<u>Coefficient of Variation (CV)</u>
Coefficient of Variation = standard deviation / expected return
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Asset Q = 5.5% / 6.5% = 0.846
Asset U = 5.5% / 8.8% = 0.625
Asset B = 6.5% / 8.8% = 0.738
Thus, asset U has the lowest CV and the investor =, being a risk averse, will prefer asset U.
Answer:
Producers might offer product guarantees and warranties
Explanation:
In business, lemon problems refers to the problems that might occur during transaction that is caused by different information possessed by the sellers and the buyers
<u>For example,</u>
Let's say that Person A offered to sell 10 lemons for $1. Person B is interested to purchase it since average price for 10 lemons is $2. Person B believed that the transaction is worth it.
But, Person A knows that the Lemons sold is in bad condition before he even sell it. Person B doesn't know this, so when he receive the lemon, the value of the product become lower than he expected.
Offering guarantees can solve this problem. The buyers can obtain their money back if the condition of the product is not as promised by the sellers.
Answer: The longer the time period that funds are invested, the greater the future value.
Explanation:
When we are discussing about the time value of money, we are simply saying that it's better for one to have money today than wait till the future to have that particular amount of money. For example, if someone tells you to either collect $100 today or wait till next month to collect the $100 bill. According to the time value of money, it's better to collect it now as the person can invest with it and by the time it's a month, the value of the money will be more than $100.
The longer the time period that funds are invested, the greater the future value. This is because for example if for example one keeps $100 for 1 year at 6% per annum, the interest will be $6 for a year but if it's kept for 5 years, the simple interest will be $30.
This shows that the longer the time period that funds are invested, the greater the future value.
