Total Revenues
The price at which a firm sells one unit of its product is known as Selling Price.
A firm will sell a certain number of units during a given period – day, week, month, year etc.
When we multiply the Selling price and the quantity sold by a firm we get total revenues of a frim for a given period.
Answer:
4. Technical Director
Explanation:
Based on the specifications of the role being mentioned it seems that this is referring to the Technical Director role. Like mentioned in the question this role is the senior technical person in a job site and answers only to the director. Their responsibilities are varied as they organize, coordinate, engineer, and schedule any and all elements regarding technical production.
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They will most likely not raise their prices.
If you look at the kinked demand curve, deviating from the market price will lead to losses for the firm. Increasing the price will lead to a loss in sales as price rigidity is a characteristic of an oligopolistic market, whereas if the firm lowers prices, this will invoke a price war and everyone will end up fighting for lower prices and customers.
All of the answers that’s what o would select
Answer: The correct answer is "D. a discontinuous innovation.".
Explanation: This product would be categorized as a discontinuous innovation because a new product is launched, totally different from the previous one, leading to a significant change in consumption habits.
