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Dafna1 [17]
3 years ago
6

If you are a buyer with a buyer value of $6.50, would you be willing to buy a book for $6.25?

Business
1 answer:
Yuliya22 [10]3 years ago
6 0

Answer: Yes, we will be willing to buy it for $6.25.

Explanation: Willingness to pay for a good measures the maximum amount the consumer is ready to pay for a good or service. If the price for a good is less than the willingness to pay then the consumer will buy the good. If the price is more than the willingness to pay then they will not buy the goo.

In this case, the buyer's willingness to pay is $6.50, so if price of a book is $6.25 the buyer will buy it and get a surplus of,

$6.50 - $6.25= $0.25

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The cost of producing one bottle is $10 .

Explanation:

The fixed costs of making the drug = $1 million

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Total number of bottles sold at breakeven =200000

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Total revenue from the sale of bottle = $2000000

Since at breakeven point the total revenue is equal to total cost. So, total cost of producing the 200000 bottles is $2000000.

Thus, the cost of producing one bottle = $2000000 / 200000 = $10

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3 years ago
Suppose the baldwin company expands to other markets with good designs, high awareness and easy accessibility, what strategy wou
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Since you mentioned that Baldwin compamny will expand to another company with better edge (products etc.) to appear on top, that simply means they are actively competing against the company they are expanding to while employing blue ocean strategy.

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3 years ago
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Currently, the leadership trend is to empower employees. When a leader empowers employees, that leader is giving them: Multiple
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As much freedom as possible to become self-directed and self-motivated is When a leader empowers employees, that leader is giving them.

<h3>What is the advantage of the self-motivated employees?</h3>

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Thus, option C is correct.

For further details about advantage of the self-motivated employees, click here:

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2 years ago
Why do employers prefer employees with good work ethics? A. because an employee with good work ethics will always be a team play
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3 years ago
The salesperson for the Big Apple Sign Corporation was trying to get a hardware storeowner to buy a new kind of advertising tool
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Answer:

The answer is: E) modified rebuy

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In this case, the store owner had already bought advertising tools before, but not this type.

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