Answer:
B) production and distribution costs fall with accumulated production experience
Explanation:
A low price may slow down market growth. However, it cannot occur in the market penetration strategy because a market penetration strategy lowers the price to attract customers in a discouraging competitive market. Therefore, option "A" and option "E" is incorrect. As the penetration strategy offers a lower price, therefore, the higher price is nowhere near the option, so "C" is not correct. As the price is low, customers want to buy more, and it is not an inelastic demand. Therefore, the option "D" is wrong also.
As penetration strategy produces the products at a lower price, they can offer low selling prices. It can only happen due to the higher production experience. So, <em>"B"</em> is the right choice.
<span>Consumers who refuse to sacrifice style, but achieve it on a budget are called frugalistas.
Many people buy things on sales like christmas sales, black friday sales because on these sales all thing they buy are on their budget and if they see style and fashion, brand etc it will cost them too much so these consumers are known as frugalistas.</span>
Answer: B. an increase in interest rates that decrease economic growth.
Explanation:
If interest rates were to rise in an Economy, that would mean that the cost of borrowing just rose. The rise in the Cost of Borrowing reduces consumer spending as well as business investment. This will therefore lead to a lower Aggregate demand. A lower AD in the Economy usually leads to a decrease in economic growth.
Now, if such things were to happen, a firm may definitely invest in fewer projects because first off it will be more expensive for them to borrow and invest because of the high rates. They will also be discouraged because of the Decrease in economic growth as the chances of their projects doing well will be drop in a depreciating economy.
Answer:
Penalty APR and When It Applies
Explanation:
A Schumer Box is a table that explains the costs of a credit card in the United States. It has sections like:
-Annual Percentage Rate (APR) for Purchases: It indicates the annual rate that you will be charged when you use the credit card to make a purchase.
-How to Avoid Paying Interest on Purchases: It indicates the specific situation in which you would be exempted from paying interest on a purchase.
-Penalty APR and When It Applies: It indicates the specific situations in which you would have to pay a higher interest rate as an infraction for things like making a late payment.
-Variable Rate and Balance Computation: It indicates how the interest rate can change and how the finance charge is calculated.
According to this, the answer is that the section of a Schumer Box that discusses what happens when a payment is late is Penalty APR and When It Applies.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.