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ss7ja [257]
1 year ago
8

The Instant Pot electric pressure cooker was introduced in 2010 and had a slow start, but word of mouth from social media and in

fluential bloggers created an explosive growth in demand for the versatile multi-cooker. Competitors such as Ninja and Crock-Pot pressure cookers have entered the market and prices have begun to stabilize for Instant Pot. What stage in the product life cycle would the Instant Pot be
Business
1 answer:
vagabundo [1.1K]1 year ago
7 0

The  stage in the product life cycle of the Instant Pot would be "growth stage".

<h3>Stages in product life cycle:</h3>

There are four stages in the life cycle of a product in the market which are-

  • Take-off stage or introduction,
  • Growth stage or shake-out stage,
  • Maturity stage and
  • Decline.

The characteristics of Growth stage are-

  • Increasing sales, customers and profit.
  • Greater competition from fellow companies. As rival companies release similar products, the competition is frequently strong during the growth period.
  • The product will move into the growth stage if it maintains its success and continues to satisfy market demands.
  • Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.

The said product can be confirmed to be in the growth stage because it exhibits higher growth in demand by social media marketing. Also, it shows there was a rise in the rival companies Ninja and Crock-pot pressure cookers.

Learn more about product life cycle, here

brainly.com/question/16866268

#SPJ4

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Triss [41]

Answer:

The correct answer is Direct order.

Explanation:

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3 years ago
Rylan Corporation received an offer from an exporter for 25,000 units of product at $16 per unit. The acceptance of the offer wi
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Answer: a.$275,000

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At 0 there will be no Variable Costs and no fixed costs because they are dependant on the amount of units produced.

If then Rylan Corporation receives 25,000 units at $16 per unit this will change the Variable costs as it will have to incorporate the new units.

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That means the only change will be the Variable costs of selling 25,000 units.

At a rate of $11 per unit we then have,

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The costs have increased by $275,000 from 0 which means that $275,000 is the Incremental cost.

Note that Fixed and Variable costs of 0 are improbable and we're only used for simpler analysis. Feel free to try the question with other number of units for your own practice. You will arrive at the same answer regardless.

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