Answer:
Beliefs
Explanation:
Belief define how a consumer perceives performance of a product or a brand. It plays a vital role since it can either be either positive or negative. towards an object. The strength of the belief is weighted by the evaluation of the perceived attributes of the product. This influences whether consumers will choose to buy the goods and services or not. It is therefore important for marketers to understand this and come up with strategies to make sure their brand or products fully meet customers' expectations and needs.
Answer:
5 percent per year.
Explanation:
Base on the scenario been described in the question, where we saw the demand loanable funds for car loans in the milwaukee area is $10 million per month at an interest rate of 10 percent per year, $11 million at an interest rate of 9 percent per year, $12 million at an interest rate of 8 percent per year, if eventually the supply of loanable funds is fixed at $15 million, the equilibrium rate will be 5 percent per year because it is fixed
Answer:
$725000
Explanation:
The break-even point is the point at which the firms total expenses is equal to its total revenue and it neither makes a profit nor a loss. At any point before this, the firm makes a loss and at any point after this, the firm is making a profit. This is because, it has got to a point where after the unit variable costs are covered from the revenue, there is enough to cover fixed costs as well because the firm’s fixed costs are now being spread over a greater number of units.
The break-even point is calculated as:
Fixed costs / (Selling price per unit - variable cost per unit)
Hence, in this case : $253750 / ($100 - $65) = 7250 units.
In dollars, this would be...
Revenue : 7250 x $100 = $725000
Expenses : $253750 + ($65 x 7250) = $725000
The US has a form of capitalism with modest government interference with a current increasing tendency towards laissez-faire.
