Answer:
$1,331
Explanation:
With regards to the above information, we need to calculate first current assets.
Current assets = $848 in inventory + $668 in accounts receivable + $231 in cash
Current assets = $1,747
Therefore,
Current liabilities = Current assets - Net working capital
Current liabilities = $1,747 - $416
Current liabilities = $1,331
False, this is a product development strategy.
A marketing development strategy finds <em>new </em>markets for <em>existing </em>products, which is the opposite of what Issac is doing.
The answer is <span>d. create barriers to entry because if a firm can attract enough customers initially, it can attract additional customers as its product's value increases by more people using it, which attracts even more customer.
This happen because as more and more cutomer use the products, the potential customers will see the product as trust worthy because they indirectly obtain other customers' approval, which make them more likely to try and use the product.</span>
Answer:
By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.
Explanation:
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