Answer: Status-quo pricing strategy
Step-by-step explanation:
From the given case/scenario, we can state that this industry is influenced by status-quo pricing strategy. This pricing strategy is referred to to as the strategy under which a company or organization copies the price level of the competitors or tries to maintain current price level for similar products, commodities or services available in market. The status quo is mostly defined by the way things persists , instead of the way it could be.
Answer:
Step-by-step explanation:
Given:
An athlete who makes laps in 3 mins 45 seconds on a 400m field.
To find:
The speed of the athlete in m/s.
Solution:
We know that,
Distance covered in 1 lap = 400 m
Distance covered in laps = m
= m
= m
We know that,
1 minute = 60 seconds
3 minutes = 180 seconds
3 minutes 45 second = 180 + 45 seconds
= 225 second
The speed of the athlete is:
Therefore, the speed of the athlete is about 8.44 m/s.
Answer:
1 dollar
Step-by-step explanation: