You are offered a business that has expected after-tax cash flows of $100,000 a year for the next 10 years, the time period for your investment horizon. You require a 15% return on similar risk investments. The owner will sell the business at a special price of $501,800 right now. You consider this business because .

The amount that people are willing to pay for each additionally unit of a product or service is the

Textile industry in a nation is characterized by vigorous domestic rivalry. which of the following observations of this nation's international competency is most likely to be true? the nation will have access to such basic factors of textile industry as natural resources. the nation's textile firms will have a competitive advantage in international trade. the domestic customers of the textile firms will be less demanding. the nation's textile industry will lack the advanced factors that are necessary to be internationally competent.

Under what circumstances, when a searching operation is needed, would sequential search not be appropriate?