Answer:
It is differentiation strategy A)
Explanation:
Differentiation strategy : this focuses on providing a product or a service with distinctive attributes, in comparison with what other competitors are offering in order gain competitive advantage. The company adopting this strategy must continuously innovate and ensure the quality features of their products and services embraced by the customers are sustained and improved upon .
Concentration strategy : here, company is using differentiation strategy but focusing on a particular niche of the market.
Lateral diversification : this is when a company decides to grow or expand by acquiring another company in the same line of business.
Vertical Integration : this is when a company decides to grow by taking over the entire value chain of operation . For instance, if we decide to acquire the business of our supplier or decide to take over distribution channels from the middle-men.
Conglomerate diversification : this is when a company decides to invest in another line of business different from our existing nature of business.
Answer:
88.38
Explanation:
Given;
1 U.S. dollar = 122 Japanese yen
1 British pound = 2.25 Swiss francs
1 British pound = 1.63 U.S. dollars
Therefore,
2.25 Swiss francs = 1.63 U.S. dollars
1 US. dollar = 2.25/1.63 Swiss francs
1 US dollar = 1.38 Swiss francs
since
1 U.S. dollar = 122 Japanese yen then,
1.38 Swiss francs = 122 Japanese yen
1 Swiss francs = 122/1.38 Japanese yen
1 Swiss francs = 88.38 Japanese yen
1 Swiss franc can be used to purchase 88.38 Japanese yen.
D) Business production is near full capacity and there is little unemployment.
Answer:
the $400 you would have earned if you sold the toy
Explanation:
Opportunity cost or implicit is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If you didn't give the toy to the child, you could have sold it for $400. Selling the toy is the next option and thus, it is the opportunity cost
Answer:
Falls by $100,000
Explanation:
In this question, we are asked to calculate and state what happens when demand for land falls and as a result, there is also a fall in rental rate.
Firstly, we cost the total of 1000 acres. The price of 1000 acres is simply the multiplication of the 1000 acres by the $500 unit price= 500 * 1,000 = $500,000
We now calculate the price or worth of the land when demand falls
This is mathematically equal to 400 * 1000 = $400,000
Now, the net economic rent fall would be $500,00 - $400,000 = $100,000
Hence, there would be a fall of $100,000 as the demand for land falls
