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Ymorist [56]
2 years ago
8

What can be said of the correlation between the brand of an automobile and its quality?

Business
1 answer:
ddd [48]2 years ago
6 0

The correlation between the brand of an automobile and its quality is anchored on the fact that to be among the top brands in the auto industries, your products must have high quality.

For instance, the quality of the Rolls Royce speaks volume about its brand.

<h3>What is Branding?</h3>

    Branding is the act of distinguishing one sellers goods from another. The idea of branding can be achieved through several means such as markings or inscriptions.

   It is important to note that the quality of a product play a key role in branding. Most customers prefer brands based on the quality they tend to get from such brands.

Learn more about Branding at brainly.com/question/24456504

#SPJ4

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ruslelena [56]

Answer: See explanation

Explanation:

The increase in income for Spendia will be:

= 1 / (1 - MPC)

where MPC = 0.8

= 1 / (1 - 0.8)

= 1 / 0.2

= 5

Increase in income = Gross investment × multiplier

= $100 × 5

= $500 million

The increase in income for Savia will be:

= 1 / (1 - MPC)

where MPC = 0.5

= 1 / (1 - 0.5)

= 1 / 0.5

= 2

Increase in income = Gross investment × multiplier

= $100 × 2

= $200 million

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katen-ka-za [31]

Answer:

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Explanation:

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Explanation:

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