The blank should have “nonprice competition” the answer is C.
B
a demand deposit lets you withdraw money without advice notice
Answer: Expected value = $2.034
Explanation:
Total outcome = 52
Favorable Outcome = 8
Probability of drawing a card with a value of three or less = 
= 
= 
Probability of drawing a card with a value of more than three = 1 -
= 
Hence,
Expected value = 
= 22.338 - 20.304
= $2.034
Answer:
The benefit cost ratio is 1.564
Explanation:
The benefit-cost ratio is the ratio of the present value of benefits to the present value of costs. It is thus calculated as follows.
Benefit-cost ratio = Present value of benefits / Present value of costs
Present value of costs = $20,000 + $2,500 (P/A, 10%, 10 years)
= $20,000 + $15,361
= $35,361
Present value of benefits = $9,000 (P/A, 10%, 10 years)
= $9,000 x 6.145
= $55,305
Benefit-cost ratio = $55,305 / $35,361
= 1.564
What is the product that you want to find where it comes from?
