Answer:
Helps a company jump-start demand
Explanation:
Format war in business is defined as competition for market dominance between producers of a particular type of technology with closely related functions.
Aggressive marketing are strategies employed to gain and ensure survival in a new market.
A typical example an aggressive marketing in the format war is selling a software at a low price but a relatively high price for support service.
One of the advantages is that it helps a company jump -stand demand among competitions
Answer:
Greater than marginal cost.
Explanation:
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. It is also known as oligopoly, wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.
Also, a single-price monopolist is an individual or seller that sells each unit of its products to all its customer at the same price. Hence, a single-price monopolist doesn't engage in price discrimination among its customers (buyers).
At the level of output at which a single-price monopolist maximizes profit, price is greater than marginal cost because the marginal revenue would be below the demand curve.
However, if the marginal cost is greater than the price, the monopolist will not make any profit.
<em>In a nutshell, profit maximization for the single-price monopolist occurs at the point where marginal cost is equal to marginal revenue (MC = MR) on the graph of price (P) against quantity (Q) of goods. </em>
Answer:
Number of units to be sold= 6,093
Explanation:
Giving the following information:
Selling price= $120
Unitary variable cost= $52.8
Fixed cost= $396,480
Desired profit= $13,000
<u>To calculate the number of units to obtain the desired profit, we need to use the following formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (396,480 + 13,000) / (120 - 52.8)
Break-even point in units= 6,093.4 = 6,093
When a business's strategies and technology are able to become entangled, this is called <u>Technology integration. </u>
<h3>What is technology integration?</h3>
- Refers to the process of aligning a business's strategies with its available technology.
- This allows for increased efficiency to achieve organizational goals.
When Spyder Corporation's technology was entangled with its business strategies, this allowed for technology integration that will contribute to the success of their business.
Find out more on benefits of technology at brainly.com/question/1162014.
Answer:
a) 2.1 billion tons/yr
b) 10.5 billion people
Explanation:
Given:
Total arable land = 1.4 billion
Grain produced by each hectare of land = 1 and 2 tons annually
therefore,
The average Grain produced by each hectare of land =
= 1.5 tons/yr
Therefore,
The total grain produced annually
= average Grain produced × Total arable land
= 1.5 × 1.4 billion
= 2.1 billion tons/yr
b) Sufficient grain for each people = 200 kg
Now,
1 ton = 1000 kg
thus,
2.1 billion tons = 2.1 × 10⁹ × 1000 kg = 2.1 × 10¹² kg
The number of people Earth can support =
or
The number of people Earth can support =
or
The number of people Earth can support = 10.5 × 10⁹ people
= 10.5 billion people