Acompany is considering an iron ore extraction project that requires an initial investment of $1,000,000 and will yield annual cash flows of $350,263 for 4 years. the company's hurdle rate is 9%. calculate irr. present value of an annuity of $1 5% 6% 7% 8% 9% 10% 15% 1 0.952 0.943 0.935 0.926 0.917 0.909 0.870 2 1.859 1.833 1.808 1.783 1.759 1.736 1.626 3 2.723 2.673 2.624 2.577 2.531 2.487 2.283 4 3.546 3.465 3.387 3.312 3.240 3.170 2.855 5 4.329 4.212 4.100 3.993 3.890 3.791 3.352 a. 15% b. 10% c. 18% d. 12%

In allentown, pennsylvania, in the summer of 2014, the average price of a gallon of gasoline was $3.68long dasha 22-cent increase from the year before. many consumers were upset by the increase. one was quoted in a local newspaper as saying, "it's crazy. the government should step in." source: sam kennedy, "valley feeling pain at the pump," (allentown, pa) morning call, june 21, 2014. suppose the government had stepped in and imposed a price ceiling equal to old price of $3.46 per gallon. a. using the line drawing tool, draw and label the price ceiling. carefully follow the instructions above, and only draw the required object.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Because the demand for wheat tends to be inelastic. true or false