Answer:
see explaination
Explanation:
1. A low-quality producer will not provide any warranty, because he knows there will be more warranty claims.
He will choose option B.
Example:
Option B:
Toaster sell 100
Price $10
Sales = $1000
Profit = $100 (let's say it costs him $9 to make it).
Toaster sell 35 (as 5 times high price).
Price $49
Sales = $1725
Warranty Expense (let's say, due to multiple times claims) = $1500
Profit = -$90 (let's say it costs him $9 to make it).
2. A high-quality producer will provide any warranty because he knows there will be very very few warranty claims.
He will choose option B.
3. Yes, the act of offering free warranty will go a long way in conveying a positive signal to customers that the brand is providing quality product & it trusts its product.
Answer: Revamped product
Explanation:
Borneo Inc has revamped their products, to enable them change it from the previous glass jar package to vacuum packed cartons and also to make their coffee more granular.
Revamping a product involves rebranding a product, to enable a producer add some desirable features to that product.
Answer:
B) False
Explanation:
your goals can be above and beyond, may take a while to get there, but u will if u keep trying even if u fail the first time.
Answer:
Given that the economy is operating in the horizontal section of the aggregate supply curve in the simple Keynesian model, an increase in spending will lead to __________no change in price level and an increase in real GDP__________ (assuming that the economy remains in the horizontal section of the aggregate supply curve).
Explanation:
When the aggregate supply curve shifts outward, the economy's output and real GDP increase at a given price in the short-run when aggregate supply is determined by price. But with the simple Keynesian model, price does not influence supply as there is an equilibrium in the aggregate expenditures and output in the economy.