Answer and Explanation:
There is no copyright infringement here. Savant homes had not taken a copyright protection for the design prior to this time. Also in the case it was found that the design is not in fact a unique design by Savant homes as it is used widely and was common before savant homes used it. And so it was a dummy model for everyone to copy from. Therefore the infringement was considered invalid as there was no ground for savant homes to claim it as am intellectual property
Answer:
D. local marketing
Explanation:
Local marketing also known as neighborhood marketing is a marketing strategy that targets customers and potential customers in their locality, it is a type of marketing technique that direct their product offerings and marketing efforts towards the residents of their local community. It helps in establishing the brand in the minds of the new customers and the repeat customers.
Local marketing can be done through sponsorship of events, advertisement, e.t.c.
Answer:
Target costing
Explanation:
-High-low pricing is when companies initially establish a high price for a product and then, they decrease it when people are less willing to buy it.
-Everyday low pricing is when companies offer low prices on their products all the time.
-Cost-plus pricing is when companies determine the cost of the product and add the profit margin they need to establish the price of the product.
-Target costing is when companies establish a target cost for the product by taking the price and subtracting the margin they expect from it.
-Competition-based pricing is when companies use the price the competitors have for the same product to establish the price.
According to this, the answer is that the situation exemplifies target costing.
Answer:
(a) 5
(b) $150 million
(c) 45 million
Explanation:
(a) Multiplier = 1 ÷ (1 - MPC
)
= 1 ÷ (1 - 0.8
)
= 1 ÷ 0.2
= 5 ⇒ the value of the simple multiplier is 5.
b) If the autonomous expenditure is increased by $30 million then the total output will increase by:
= $30 million × 5
= $150 million
c) If the Marginal propensity to import is 0.3 then the import will increase by:
= 150 × 0.3
= 45 million
The answer is all of the above.
Risk sharing, liquidity, and knowledge are the three main services that the financial system offers to both savers and borrowers.
First, people seek steady returns on their holdings.
Investors often maintain a portfolio, or collection of assets, that offers generally consistent returns (diversification).
Risk is a measure of how unpredictable the return on an asset is.
Liquidity is a measure of an asset's ease of movement to be transformed into cash.
In financial markets, the information contains facts about borrowers and expectations of returns on financial assets.
Key Services of the Financial System:
- Effective Payment System
- Intermediary to Investors and Borrowers
- Sharing of Economic Financial Risk
- Diversification
- Liquidity
- Financial Information
Hence, key services that the financial system provides to savers include all of the above.
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