A growing perpetuity, where the rate of growth is greater than the discount rate, will have an infinitely large present value (PV)

Which of the following brands most likely requires heavy advertising in order to be set apart from similar products?

A) undifferentiated brands B) specialty brands C) international brands D) mature brands E) high-share brands

The General Chemical Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 50 cents per gallon per year, and the cost of ordering the chemical is $150 per order

The firm uses the chemical at a constant rate throughout the year. The chemical's economic order quantity is ________. A) 32,863 gallons B) 11,619 gallons C) 9,487 gallons D) 1,900 gallons