Answer:
Development
Explanation:
The product development stage is the first part of a product life cycle. This stage involves bringing out a product from a concept. It also involves the modification of a product to satisfy the customers needs.
Product development is concerned with the formulation, designing and then marketing of a new product. The main aim of a product development is to greatly improve the market share of an organization by meeting up to the various demands of potential customers.
Answer:
c. supply will decrease.
Explanation:
If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then supply will decrease.
Generally, when consumers of a particular product notices that the product has an adverse effect on the environment (pollution) or it is a product that causes environmental degradation, they are most likely to stop demanding or buying such products. Consequently, as the demand for such goods falls or decreases; there would be a fall in the supply of such goods. This is so because the demand for goods and services is directly proportional to the amount of quantity supplied.
The firm initiates a price decrease, their projection on the competitors' reaction is they will also decrease their price to level with them. Starting a price decrease will affect the whole market of like products. Also, another angle that they considered is they will be reprimanded by their regulatory board.
Answer:
c. TIPS
Explanation:
TIPS which is an acronym for Treasury inflation-protected securities is a kind of bond peculiar to the United States which is specifically formulated to shield or safeguard investments during the inflation period over a given time. It dynamically adjusts as inflation occurs, thereby protects the direct cost of investment and its rates of returns.
Hence, in this situation, the correct answer is option C. TIPS
Answer:
these two events would lead to an increase in equilibrium quantity and have an indeterminate effect on equilibrium price
Explanation:
As a result of the decrease in the price of oranges which is use in the production of orange juice, there would be a rightward shift of the supply curve for orange juice. A a result, the supply of orange juice would increase and price of orange juice would fall
Substitute goods are goods that can be used in place of another good.
The doubling of the price of coke would lead to a decrease in the demand for coke and an increase in the demand for orange juice. This would shift the dead curve for orange juice to the right. As a result, both equilibrium price and quantity increases
these two events would lead to an increase in equilibrium quantity and have an indeterminate effect on equilibrium price