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Evgen [1.6K]
3 years ago
12

A local restaurant has prepared a new recipe for it's lunch menu which form of nonprice competition is this?

Business
2 answers:
s344n2d4d5 [400]3 years ago
7 0
Non price competition is competing against others when price isn't the driving force of differentiation. If a local restaurant repairs a new recipe for it's lunch menu it is using the physical characteristic form of non price competition. The restaurant is hoping to differentiate based on the quality and taste of their new lunch item compared with another restaurants. 
BartSMP [9]3 years ago
3 0

Physical Characteristics

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harkovskaia [24]
A. is the answer.............
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A machine that cost $225,000 has an estimated residual value of $15,000 and an estimated useful life of 15,000 machine hours. Th
algol [13]

Answer:

$57,000

Explanation:

<u><em>Step 1 : Depreciation Rate</em></u>

Depreciation Rate = (Cost - Residual Value) ÷ Estimated Production

therefore,

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<u><em>Step 2 : Depreciation expenses</em></u>

Depreciation expense = Depreciation Rate x Annual production

therefore

Year 1 = $42,000

Year 2 = $56,000

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<em><u>Step 3 : Book Value</u></em>

Book Value = Cost - Accumulated Depreciation

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Conclusion :

book value at the end of year 3 is $57,000

8 0
3 years ago
Why​ wouldn't investors invest all of their money in software companies instead of in less profitable​ companies? (Focus on risk
Tamiku [17]

Answer and Explanation:

Risk and return are equal companions if we invest in a market with a higher risk that's mean this type of market provides a higher return.

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7 0
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Answer:

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5 0
3 years ago
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Kaylis [27]

Answer:

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The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.

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