Using the straight line method
Depreciation per year
295,000÷5=59,000
Accumulated depreciation for 3 years
59,000×3=177,000
Book value of the equipment
295,000−177,000
=118,000
The product life cycle is a concept that would describe the stages that a product undergoes in the market. These stages are introduction, growth, maturity and decline. Every product that is new always follow this cycle. However, every product cycle is a factor of the situation of the market so it varies accordingly.
The firm will face multiple marginal revenue curves.
Hoping this helps
Answer:
a. A large potential market exists, even at a high price.
Explanation:
Penetration pricing is often used to support the launch of a new product, and works best when a product <u>enters a market </u>with relatively little product differentiation and where demand is price elastic –<u> so a lower price than rival products is a competitive weapon.</u>
Therefore the conditions that would argue for using a penetration pricing strategy when introducing this new camera, is when a large <u>potential market exists, even at a high price</u>.<u>so that using a lower price will attract customers to the new product and part of the potential market will be gained.</u>
Answer:
STIMULUS
Explanation:
In biology, a cause is a measurable change to the internal or external state of an individual's physical or chemical framework. When a stimulus is delivered to a sensory receptor, by stimulation transduction it usually elicits or affects a response.
Therefore, Bill's behavior of speeding over the legal limit is also said to be included in STIMULUS regulation while his buddies are with him.