3. "You are thinking about renting out your condo rather than selling it. You can get $200,000 if you sell your condo to an eager buyer today, but only $100,000 if you wait to sell it. You expect to earn $5,000 per month (including all expenses) at a discount rate of 12%. What is the minimum number of months you need to rent it out for this to be an acceptable investment?"

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.