Important Factors That Attract Customers to Online Services Are

question 12

Multiple Choice

Important factors that attract customers to online services are:

• A)convenience
• B)ease of search
• C)broader selection
• D)24/7 prompt service
• E)All of the above

Grasp the idea of marginal social benefit and its role in determining the socially optimal quantity of pollution.

Recognize the existence and significance of externalities in market outcomes, particularly in the presence of pollution.

Comprehend the Coase theorem and its conditions for achieving efficient outcomes in the presence of externalities.

Identify how government interventions (e.g., taxes) can affect market outcomes in the presence of externalities.

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Definitions:

IRR

An investment's IRR represents the discount rate that makes the sum of all future cash flows (positive and negative) from the investment equal to zero, effectively measuring its annual growth rate.

NPV

Net Present Value; the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Payback

The length of time it takes for an investment to generate an amount of money equal to the cost of the investment, used as a basic measure of the investment's risk.

Discounted Payback

The period of time it takes for an investment’s cash flows, discounted at a particular rate, to cover its initial cost.