Answer:
The answer is: Threat of Substitutes
Explanation:
In this case Kodak film was replaced by a different technology (digital cameras) that solved the same economic need, photography. A digital camera captures photographs and stores them in a digital memory. There was no demand for photographic film anymore.
Ironically, a few years later digital cameras were almost completely replaced by cell phone cameras following the same principle.
Answer: D. Both countries
Explanation:
The options include:
A. neither country
B. the country with lower production costs
C. the country with higher production costs
D. both countries
Comparative advantage occurs when a particular country produces a certain goods based on the fact that it has a lower opportunity cost of its production when compared to the other country. This typically occurs in international trade.
Comparative advantage is beneficial to both countries that are involved as the countries purchase the goods that it doesn't have a comparative advantage in from the other country.
Answer:
Explanation:
I'm describing the word: wants
Some regular equivalent words of need are pine for, ache for, want, and wish. While every one of these words signify "to have an aching for," need explicitly proposes a felt need or need. Also, " desire, crave, covet."
It is important because that is how you budget and how you are able to save money if an emergency comes up
Answer:
D) Dividend payout ratio
Explanation:
Internal Growth Rate of a firm is the maximum growth rate at which the firm can grow without involving external financing i.e. without assuming additional debt or equity infusion in the firm. At this level of growth the cash available from the operations can be used to fund the company.
It is calculated using the formula
IGR= ROA* b / (1-ROA * b)
where
IGR is the Internal Growth Rate
ROA is return on assets
b is the retention ratio or (1-dividend payout ratio)
To answer the question we look at each option
If ROA (Return on Asset) is decreased the numerator decreases and denominator increases in equation (1) and thus the Internal growth rate decreases, so ROA is not the answer
If Net Income is reduced the Return on Assets also falls thus as in the above case Internal growth Rate decreases
If retention ratio is reduced the numerator decreases and denominator increase leading to a fall in IGR
If dividend payout ratio is decreased the retention ratio increases leading to the increase in numerator and decrease in denomonator leading to an increase in the IGR. Thus Decreasing the dividend payout ratio will increase the IGR.
If Return on Equity is reduced i.e. indirectly Net Income is reduced for the same equity the similar effect as in part for Net Income and thus reduces the IGR.
So decreasing dividend payout ratio increases the interna growth rate of a firm
