subject
Business, 26.06.2019 22:40 ibin246

Andrew has decided to open an online store that sells home and garden products. after searching around, he chooses the software company initech to provide the software for his website since their product required the least amount of specialized investments for him to use it. they agreed upon price of $4,000. to use initech’s software, andrew makes $2,000 in sunk capital investments and spends 60 hours learning how to use initech’s software, which is very different from other software packages. both andrew and initech view andrew’s time as worth $28 per hour and initech is fully aware of the investments andrew must make to use their product. after andrew’s investments were made, initech came to andrew and asked for more money. how much do you think they asked for?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:00
Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.
Answers: 1
question
Business, 23.06.2019 01:00
What are the benefits of different types of career education, like community colleges, vocational training programs, and four-year colleges?
Answers: 3
question
Business, 23.06.2019 12:00
What could increase the value of your property
Answers: 1
question
Business, 23.06.2019 12:40
Discretionary spending: $450 per month new car insurance: $175 per month gas: $100 per month used car insurance: $125 per month gas: $100 per month according to your research, you need to budgetfor insurance and gasoline if you choose to buy or lease the new car. if you choose to buy the used car, you need to budget for insurance and gas.
Answers: 3
You know the right answer?
Andrew has decided to open an online store that sells home and garden products. after searching arou...
Questions
question
History, 01.12.2020 06:00
question
Mathematics, 01.12.2020 06:00
question
Computers and Technology, 01.12.2020 06:00
question
English, 01.12.2020 06:00
question
Advanced Placement (AP), 01.12.2020 06:00
Questions on the website: 13722367