Answer:
sales orientation
Explanation:
It seems that in this scenario the firm is using a sales orientation. This is a business approach that focuses on improving the company's products or services without taking the actual needs of the customers into consideration. In order to make as many sales as possible which ultimately increases the company's market shares.
Answer:
Substitutes
Explanation:
The education services at the two universities are substitutes to each other. The cross price elasticity of substitute goods is positive which indicates that as the price of one good increases then as a result the demand for other good increases and if the price of one good decreases then as a result the demand for other good decreases.
Now, if there is an increase in the tuition fees at University A, hence, this will increase the price of educational services at University A. Therefore, this will lead to an increase in the demand for educational services at University B.
I'm not sure I believe its mark up or supply and demand
Answer:
15.65%
Explanation:
The computation of the internal rate of return is shown below:
Given that
Years Cash outflow/ cash inflow
0 -$200,000
1 $100,000
2 $77,000
3 $52,000
4 $40,000
The formula is
= IRR()
AFter applying the above formula, the internal rate of return is 15.65%
Answer:
labor force participation rate = 68%
employment to adult civilian population ratio = 64%
Explanation:
total number of employed people = 160 million
total number of unemployed people = 10 million
total adult population = 250 million
total labor force = 170 million
labor force participation rate = total labor force / total adult population = 170 million / 250 million = 68%
employment to adult civilian population ratio = total number of employed people / total adult population = 160 million / 250 million = 64%
