Answer:
(C) Direct imitation and Substitution
Explanation:
As a leading guitar string producer Wound Up inc. has enjoyed a competitive advantage based on its proprietary coating that gives its strings a clearer sound and longer lifespan than uncoated strings. One of Wound Up's competitors, has recently developed a similar coating using less expensive ingredients, which allows it to charge a lower price than wound up for similar-quality strings. Therefore and consequently, Wound Up's competitive advantage is in danger due to direct imitation and substitution. As it has been very much obvious from the given data that Wound Up was enjoying superior position in the market based on the clearer sound and longer lifespan of its guitars, which was purely due to their signature coating which they used on the strings. When on its competitor has developed the same kind of coating but even at the lesser rates, then of course, they can enjoy much better position in the market and they can compete much effectively with the Wound UP, both in quality and price as well. This direct imitation and substitution can lead Wound Up losing its competitive advantage, therefore, either they can develop the same strings at the less process or they have to come up with something totally new, creative and unique in order to win this competition now.
Answer:
$311,100
Explanation:
Solution
Recall that:
Assume Chester corp downsized the size of their workforce by = %
The exit interviews cost estimated = 100
Additional normal costs of separation = $5000
Now,
The Total Employee = 305
The Down Sizing = 20%
Thus,
The Total Employee = 305 x 20% = 61 employees
so,
The Separation cost per employees = $5000
The Exit interview cost = $100
Total cost = $5,100
Now,
The total overall cost of separation = 61 employees x total cost of separation per employees
Which is,
= 61 x 5100 = = $311,100
Answer:
Price would increase, quantity would decrease.
Explanation:
Externalities are extra benefits or harm to other un-involved parties, without any monetary exchange for the same. Extra beneficial are positive externalities (eg - education) , extra harmful effects are negative externalities (eg pollution).
Positive Externalities have extra social benefit apart from private benefit, Negative Externalities have extra social cost apart from private cost.
Private Markets work on private benefit & cost equalisation (ignoring extra social costs/ benefits). Involving extra social cost in the negative externalities accomodates the extra social harmful effect from that commodity, increases its price & decreases its quantity. This caters to discouraging its consumption, owing to the harmful effects. Eg Alcohol.
Similarly in case of positive externality : it would include extra social benefit (beneficial impacts), reduce price & increase quantity - to encourage the positive externality good consumption
The military of department of defense gives/administers the ASVAB
Explanation:
The US defense department is a federal government administrative branch with the task of coordinating and overseeing all government departments and activities closely connected to the US military and national defense.
The Armed Services Vocational Aptitude Battery (ASVAB) has been established by the Department of defense and is a thoroughly studied and very well-respected aptitude test.
It tests the abilities and performance prospects of a young person in military school.
As a result of the decrease in investment spending, the real GDP will change by -$500 billion.
<h3>How much will real GDP change by?</h3>
The decrease will depend on the multiplier which is found as:
= 1 / ( 1 - Marginal propensity to consume)
= 1 / (1 - 0.8)
= 1 / 0.2
= 5
The change will be:
= Decrease in spending x multiplier
= - 100 x 5
= -$500 billion
In conclusion, real GDP will decrease by $500 billion.
Find out more on Marginal propensity to consume at brainly.com/question/17930875.
