Which of the following statements regarding the business market is correct? a. the business market has more buyers than the consumer market. b. in the business market buying process, buyers and sellers are less dependent on each other than in the consumer market. c. business buying decisions are less complex than consumer buying decisions. d. many sets of business purchases are made for one set of consumer purchases. e. the business market is not as large as the consumer market in terms of dollars spent and items purchased.

Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)