For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.
<h3>Reason for early sales</h3>
When a particular products meet the demand of people, there is possiblity of sales immediately after the product is release.
Hence, product should be targeted towards demand.
Therefore, For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.
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Answer:
the business cycle peak
Explanation:
Based on the information provided it can be said that it seems that the economy is in the part of the business cycle known as the peak. This is when aspects of the economy are reaching an all time high and begin to slow down. This continues until they eventually level off and afterwards begin their descent.
Answer:
$3.76
Explanation:
Calculation of the implied value of each warrant
First step is to find the straight-debt value
Straight-debt value:
N = 20
I/YR = 15
PMT = −120
FV = −1000
PV = $812.22
Using this formula
Total value = Straight-debt value + Warrant value
Where,
Total value =$1,000
Straight-debt value=$812.22
Warrant=50
Let plug in the formula
$1,000 = $812.22 + 50
Second step is to find the warrant value
Warrant value= ($1,000 −$812.22)/50
=$187.78/50
=$3.7556
Approximately $3.76
Therefore the implied value of each warrant will be $3.76
The <span>percentage of people in Africa that rely on solid fuel for cooking is 80%</span>