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1 year ago

Cannibalization occurs when a producer offers a new product that takes sales away from its existing products

Business

1 answer:

MariettaO [177]1 year ago

5 0

Cannibalization occurs when a producer offers a new product that takes sales away from its existing products: TRUE

<h3>What is cannibalization?</h3>

Cannibalization in marketing strategy refers to a decrease in sales volume, sales revenue, or market share of one product when the same company releases a new one.
Cannibalization occurs when a manufacturer introduces a new product that competes with its existing items.
Market cannibalization occurs when a corporation introduces a new product that replaces one of its existing ones.
When a new product is identical to an old one and both share the same client base, market cannibalization occurs.

Therefore, the statement "cannibalization occurs when a producer offers a new product that takes sales away from its existing products" is TRUE.

Know more about cannibalization here:

brainly.com/question/5421107

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The correct question is given below:

Cannibalization occurs when a producer offers a new product that takes sales away from its existing products. TRUE or FALSE

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7nadin3 [17]

Answer:

1.33

Explanation:

The size of the multiplier is the one which grounded on the marginal decisions of the household for spend, that is called as the MPC (stands for Marginal Propensity to consume), also referred to as the marginal propensity to save (MPS).

The formula to compute the size of the multiplier is as follows:

Size of multiplier = 1 / MPS

where

MPS is 0.75

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3 years ago

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3 years ago

Sean and Jenny own a home in Boulder City, Nevada, near Lake Mead. During the year, they rented the house for 40 days for $3,000

Dmitry_Shevchenko [17]

Answer:

Sean and Jenny

The deductible net loss for the rental of their home is:

= $18,241.

Explanation:

a) Data and Calculations:

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Number of personal use of house = 18 days

Total number of days that the house was in use = 58 days

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Property taxes 3,500

Utilities 1,100

Maintenance 1,300

Depreciation 10,900

Total expenses $30,800

Proportion of house expense:

Rental use = $21,241 (40/58 * $30,800) 69%

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3 years ago

Steve Colburn's portable sawmill used 100% for business, was completely destroyed by fire. The sawmill had an adjusted basis of

pashok25 [27]

Answer: $35,000

Explanation:

A casualty loss is simply a loss that an individual or business incurs when a property is damaged, or destroyed due to an unexpected or sudden event like fire, volcanic eruption, flood etc.

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3 years ago