Answer:
Reducing the costs of production.
Explanation:
New product development is a procedure that requires a huge first time cost of production. The product might need new technology and new means to produce.
For example, even just to come up with a new flavor for an already existing brand of chips, new raw materials, storage space, more labor, new tools and equipment, increased marketing cost is required. This poses an increase in cost and certainly not a decrease in the cost of production.
The ratio that would help Liam to come with this decisions is what is called the leverage ratio.
<h3>What is the leverage ratio?</h3>
This is the term that is used to refer to the financial measurement that is used to assess the ability of a company to get to its financial needs.
This ratio is used to check if the company is able to meet with its financial obligation or not.
It helps to measure the expenses mix of the company in such a way that they would be able to tell the changes in out put and how it affects the income that was used for operation.
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Answer:
a) Qs = 50 + 20p - 7ps
= 50 + 20p - 7×(2)
= 50 + 20p - 14
= 36 + 20p
At equilibrium, =
So, 150 - 10p + 5 = 36 + 20p
So, 20p + 10p = 30p
= 150 - 36 + 5
= 114 + 5
So, p = (114/30) + (5/30)
= 3.8 + 0.17
Thus, = 3.8 + 0.17
Q = 36 + 20p
= 36 + 20(3.8 + 0.17)
= 36 + 76 + 3.4
= 112 + 3.4
Thus, = 112 + 3.4
b) = 3.8 + 0.17
= 3.8 + 0.17×(5)
= 3.8 + .85
= 4.65
= 112 + 3.4
= 112 + 3.4(5)
= 112 + 17
= 129
c) Qd = 150 - 10p + 5pb = 150 - 10(2.5) + 5(5) = 150 - 25 + 25 = 150
Qs = 36 + 20p = 36 + 20(2.5) = 36 + 50 = 86
Thus, there is excess demand as >
d) New = 180 - 10p + 5
= 180 - 10p + 5×(5)
= 180 - 10p + 25
= 205 - 10p
Now, new = gives,
205 - 10p = 36 + 20p
So, 20p + 10p = 205 - 36
So, 30p = 169
So, p = 169÷30
So, = 5.63
Q = 205 - 10p = 205 - 10×(5.63) = 205 - 56.3 = 148.7
So, = 148.7
Answer:
sharing risk means that the premiums and losses of each member of a group of policyholders are allocated within the group based on a predetermined formula
Explanation:
insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. most entity transfer the risk of the company taking up an insurance.