<span>The principle known as the Premack principle provides insight into the dichotomy wherein certain behavioral traits that are common reinforcers of positive activities, become more commonly used than those which have negative impacts on the traits, so that the positive ones are more focused upon.</span>
This is an example of government regulations as a source for new product ideas.
Explanation:
The government can be a source of new product ideas in many ways.
First of all, there are many new product choices in the archives of the Patent Office. We will make more new design ideas further marketable.
Secondly, in reaction to regulations of government, economic policy, investment recommendations, the annual strategy, the five-year plan etc, new products innovations can arise.
Thirdly, today a number of government departments help businessmen develop business ideas.
Fourthly, commerce and industry policy reports can also help to develop new venture concepts.
Answer:
Tell the client what happened and apologize. A good business should have costumer service the number one priority.
Answer:
C) category points-of-parity.
Explanation:
With category points-of-parity the emphasis is on Nivea brand offering the relevant category features. These are features a brand must have to be considered competitors in a particular industry.
So for deodorants people want to know if they are strong, will the shampoo clean effectively, and will cosmetics be colourful.
Without these key features in the products Nivea would lose competitive advantage.
Answer:
d. loss of exactly $27.
Explanation:
Under a competitive firm, a profit-maximizing firm level of output can be find out by equating the marginal revenue with its marginal cost i.e
Marginal revenue = Marginal cost
As we know that
Average total cost = Total cost ÷ Quantity
$10 = Total cost ÷ 9
So, the total cost is
= $10 × 9
= $90
And,
Total revenue = Price × quantity
= $7 × 9
= $63.
So,
Profit = Total revenue - total cost
= $63 - $90
= -$27
This amount comes in a negative which reflects that there is a loss of $27
