That means more people in the market are purchasing the company's product. This tends to happen due to the fact that there are lots of people purchasing the products. That's where the word 'penetration' come from since people are starting to see it as totally in demand.
Answer:
The anwer is A. Economic Viability.
Explanation:
This question represents a very common problem faced by many new innovators in the market. They put out a new product and then the rest follow and copy it.
When it comes to new products there are Several factors that influence it's popularity. Simply they are,
1. The affordability or the economic viability. Simply this means if a product is "feasible" cost wise and logistically. Price is a major factor that falls under this.
2. Technological feasibility means if the technology used in the product permits the product to be used effectively in Business operations.
3. Organization suitability: softwares and almost any asset is suitable for different organizations in different ways and might not be suitable for some organizations.
These are the major factors that influence a products popularity. However in this scenario, the entrepreneur Neil's product is becoming less popular because the Economic Viability of the software is coming down because of the much cheaper alternatives in the market.
Answer:
$144,940
Explanation:
machine costing = $133,000
freight charges = $3,300
special mounting and wiring connections costing = $11,300
Discount rate = 2%
Compute the machine cost as given below:
Machine cost:
= Purchase price × (1 - Discount rate) + Freight charges + Special mounting and wiring connection cost
= 133,000 × (1 - 2%) + $3,300 + $11,300
= $144,940
Answer:
B. even when government regulations do not apply
Answer:
Correct option is D.
Explanation:
$2, and the dead weight loss comes only from Luke because he does not buy gelato after the tax.