This type of demand is classified as autonomous demand. Autonomous demand does not depend on other products but is due to increase in consumer usage by natural desire. This type of demand is relative to the needs of the consumer.
Answer:
so savings = $2200
bonds = $4400
and mutual fund = $3400
Explanation:
given data
received bonus = $10,000
savings account paying = 4.5% per year
bonds paying = 5%
mutual fund that returned = 4%
income from these investments = $455
to find out
How much did the worker place in the government bonds
solution
we consider amount invested for 4.5 % is = x
and hen his investment in bonds is = 2x for 5%
and rest is 10000- x - 2x
that is = (10000- 3x ) for 4%
so
interest equation will be here
0.045 x + 0.05 (2x) + 0.04 (10000-3x) = 455
solve we get
x = 2200
so savings = $2200
bonds = $4400
and mutual fund = $3400
Answer:
A. Differentiation strategy.
Explanation:
In a market different firms try to maintain a competitive edge over others. This is achieved by using various strategies like: Differentiation strategy, Local strategy, Regional strategy, Cost-leadership strategy, Global strategy.
In the given scenario ABC tries to add value to their products and services so they can attract customers who are willing to pay a higher price.
This is a differentiation strategy where a firm tries to make their product different from.otgers in order to maintain a competitive advantage over others
Answer:
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Explanation:
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