Answer:
<h2>The answer in this instance, would be option a. or $365.</h2>
Explanation:
- In this case, the original price of the baseball game ticket is $170 as paid by Max to buy the ticket and someone offered $365 to sell his ticket to that person.
- Note that Max is basically giving up or sacrificing the opportunity of earning $365 as he decides to attend the game and not sell his ticket.
- Therefore,in this case, the opportunity cost of attending the game by personally purchasing the ticket to Max would be $365 as he is foregoing the opportunity to earn additional $365 by refusing to sell his ticket and go to the game instead.
Answer: -0.93%
Explanation:
In 3 months time Chrysler will have to pay a yield of 6.93% when in fact 3 months from now, had they not bought the futures, they would have to pay 6%.
This means that they will have overpayed with the futures contract.
The amount in interest they overpayed by can simply be calculated as,
= Floating Rate 3 months from.now - Effective yield on Futures contract
= 6% - 6.93%
= -0.93%
Chrysler made a loss of (0.93% )
Answer:
"Customer Orientation Pricing"
Explanation:
According to my research on the different pricing strategies used by different companies, it can be said that the term described by the information within the question is called "Customer Orientation Pricing". This term is defined as the strategy of setting prices according to customers' perceived value of it's goods or services.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
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