Answer:
Curve 1 - Marginal private cost curve
Curve 2 - demand curve
Curve 3 - Marginal Social Benefit Curve
Q1 - Market Output
Explanation:
Marginal cost is the cost for one additional unit production. It is U shaped because when more units are produced the marginal cost will decline. When more units are produced and sold the marginal cost will be lower. There fore demand curve should be inclining when marginal cost needs to be lower.
Answer: Acquisitional Shopping
Explanation:
Acquisitional Shopping: At the point when a consumer base their purchasing exercises on a particular expectation or reason, the person is encountering Acquisitonal shopping. But in this kind of shopping action mostly emphasize utilitarian value of the item. Sometimes this sort of shopping cannot be entirely enjoyable in light of the fact that the purchaser may think it is more as a task, for example purchasing printer ink, topping off the gas, grab some groceries.
Answer:
a. Select the time line that represents the cash flows involved in the offer.
NCF1 = $28,000
NCF2 = $23,000
NCF3 = $15,000
NCF4 = $15,000
NCF5 = $15,000
NCF6 = $15,000
NCF7 = $15,000
NCF8 = $15,000
NCF9 = $15,000
NCF10 = $30,000
If you want to compare this set of cash flows to another offer, you will need to calculate the present value first. E.g if you use a 12% discount rate, the PV of these cash flows = $107,570.
Explanation:
<u>1.</u><u> How attractive is the industry? How will it's attractiveness change in the future</u>
Huawei is a Chinese telecommunications company that entered the business of selling smartphones and today is configured as the third largest smartphone manufacturing company in the world, behind only Samsung and Apple. This is an attractive market for the treatment of technological innovations so relevant to an information age that we live in today.
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<u>2.</u><u> What are the sources of Huawei's competitive advantage in the smartphone industry?</u>
The sources of Huawei's competitive advantages come from the special features that its smartphones have, such as technology interaction, fast system, product multifunctionality and chosen as the cell phone with the best camera in the world.
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<u>3</u><u>. How sustainable is their competitive advantage in the smartphone industry? What should they do to sustain its competitive advantage?
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Smartphone companies must sustain their competitive advantage through technological product innovations, as consumers increasingly need digital technology to meet their desires and needs with a device that fits in the palm of the hand.
It is important that the industry has a vision of the constant transformation and adaptation that this sector requires.
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<u>4.</u><u> What role does Hauwei's global strategy play in contributing to its competitive advantage in the industry?</u>
The role of Huawei's global strategy in contributing to its competitive advantage in the sector is to supply devices with the highest technology at a competitive price, observing technological changes and anticipating the needs of consumers, offering a quality and innovative product with highest degree of technology available on the market.