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Sphinxa [80]
3 years ago
10

What can other companies that are considering investing in china learn from the experiences of best buy and ebay?

Business
1 answer:
Mumz [18]3 years ago
5 0
<span>Companies wanting to have success in China should follow the lead of other ones like Best Buy and eBay. Best buy was very successful in a country that has over 1 billion people. This population represents customers that can buy their products! Salaries in China have begun to go up so people have more disposable income to spend on electronics. Best buy fills that void and ebay fills the void that many products are not sold in China. The only way to get some products are to buy them on ebay. Therefore, companies should follow innovative companies like ebay that reinvented the way companies do business.</span>
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Answer:

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Explanation:

given data

reimbursing them up to =  $7,500 per year

solution

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Managerial economist estimates the price-quantity relationship for Textile Company to be p= 40-4q a. At what output rate demand
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Answer:

So unit elastic at q = 5

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while

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