Janet buys a $20,000 car. Prevailing market rates are nominal 8.0% annual interest, convertible monthly. The dealership offers her the choice of a rebate upon purchase of the car for cash, or alternately Janet can make no down payment and 60 monthly payments based on a nominal 2.5% annual interest, convertible monthly. The first payment would be due one month after the purchase of the car. The amount of the rebate is set so that the dealership is indifferent as to whether Janet takes the rebate or finances the car at the offered below market interest rate. Determine the amount of the rebate.

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?