The example of the app market with hundreds of new applications introduced every day shows that <u>b. </u><u>cell phone use</u> has created a large enough market to make app development profitable.
<h3>What is the app market?</h3>
The app market refers to the market of computer applications or apps. Apps are used on various mobile devices used by billions of people.
App marketing today attracts the largest possible number of users for an app or widget, generating revenue in billions of dollars.
Thus, the correct answer is <u>Option B.</u>
Learn more about computer apps at brainly.com/question/1538272
Answer:
The stock should sell for = $2.01
Explanation:
<em>The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return. </em>
<em>The model is given as </em>
P = D× g/(r-g)
P- stock value, g- growth rate , r-m required rate of return
PV of dividend in year 30 = 12/(0.15- 0.06)=133.3333333
PV of dividend in year in year 0 = 133.3333333 × 1.15^(-30)= 2.01
The stock should sell for = $2.01
Answer:
Corporate profits increased.
Total real income increased.
Explanation:
Gross domestic product is defined as the total goods and services.thatbisnproduced within a country at a given time. It is a measure of the countrie's productivity and economic wealth.
GDP is affected by different factors such as income, interest rate, consumer spending and level of output.
When there is an increase in GDP the factors that affect it change to favour an increase.
If corporate profits increased, it means that productivity increased. More goods were produced and sold resulting in more profit.
An increase in total real income means more cash is available to invest in production leading to increased output and GDP.