Answer:
The real estate should charge $1,300 to obtain maximum profit.
Explanation:
We can make K to represent the number of unit apartment occupied.
This means that the total rent the real estate office is getting can be denoted by;
{(550 + 25(80 - K)} K - 50K
Maximizing the above equation, we have;
y = 550K + 2,000K - 25K^2 - 50K
Collect like terms
= 2,500K - 25K^2
y' = (2,500K - 25K^2)' = 2,500 - 50K
y = 0
2,500 - 50K = 0
2,500 = 50K
K= 50
Rent is therefore;
Rent = 550 + (80 - K)25, where K is 50
= 550 + (80 - 50)25
= 550 + (30)25
= 550 + 750
= $1,300
Answer:
The correct answer is letter "C": similar; differentiated strategy.
Explanation:
The advertisement of a product can be shaped according to the region where the good or service will be offered whereas, in some other cases, changes in marketing can be minimal or null. In such scenarios, the standardization approach uses the same marketing method for every country where the company has a presence. This will only work if consumers worldwide have similar needs and preferences.
The differentiated strategy, instead, links customers' expectations, patterns, and cultures with the marketing processes of the firm. This approach aims to give a tailored good or service to different consumers and is mostly used.
Hello!
The answer to your question is "price elasticity".
:)
Answer:
$115.20
Explanation:
Missing part is <em>"Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing financial securities at a geometric rate, specifically from $4 to $8 to $16 to $32 to $64 to $128 over a six-year time period. Over the same period, the value of the assets underlying the securities rose at an arithmetic rate from $4 to $6 to $8 to $10 to $12 to $14."</em>
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If the underlying assets price fall by $10, then the securities value will fall by a ratio of $10
Value of securities = $128/$10 = $12.80
Decline in value of securities = $128 - $12.80 = $115.20. Thus, the Decline in value of the financial securities is $115.20