Answer:
The correct answer is A. frontal.
Explanation:
If we match the supply of our competition in product, advertising effort, distribution policies, price and others, we are planning a frontal fight, where the highest tends to hit the best. Once started, the opponent will defend himself by lowering prices, offering added value, etc. Before starting a confrontation of this type, we must be very clear about our victory options and the possible reaction capacity of the opponent. If we give it everything and the opponent defends himself with solvency and returns a devastating blow, we will be sold.
The best answer to the question 'which of the following is not one of the four industry categories' would be letter c. Trinity industries does not fall under the industry categories. Tertiary, primary, and secondary industries - along with quaternary industries- are the four industry categories.
Answer:
D. decreases initially and then is horizontal.
Explanation:
A horizontal long run average cost curve reflects increase in cost proportionate to output, so the firm's long run average cost curve will fall initially and then become horizontal.
Answer:
$245
Explanation:
Surrender Charge is a fee on the withdrawal of fund invested in an annuity contract or mutual fund. This charge is placed to restrict or discourage the investor from withdrawing money from the fund.
In this question Sophia paid $25,000 for annuity contract and there are surrender charges as below:
First year surrender charges = 7%
Declines by 1% each year
Withdrawal limit without charge = 10% of Investment = 10% x $25,000 = $2,500
Withdrawal Amount = $6,000
Withdrawal over 10% = Withdrawal Amount - Withdrawal limit without charge
Withdrawal over 10% = $6,000 - $2,500
Withdrawal over 10% = $3,500
Surrender charges = Withdrawal over 10% x First year surrender charges
Surrender charges = 3,500 x 7%
Surrender charges = $245
