Answer:
Substitution
Explanation:
Principle of subsitution states that no consumer should buy a product for a high price of he can get an alternative (duplicate) that is of a cheaper price.
Substitutes are alternatives that provide similar satisfaction to the customer.
When the price of one product goes up the customer has a choice of going for an alternative.
For example honey and sugar are substitutes. When the price of one goes down people will go for the cheaper alternative. This acts as a price control mechanism.
Answer:
Net Present Value = $59,632.78
Explanation:
<em>The net present value NPV) of a project is the present value of cash inflow less the present value of cash outflow of the project.
</em>
<em>NPV = PV of cash inflow - PV of cash outflow
</em>
Present value of cash inflow:
65,000 × (1.09375)^(-1) + 98000
×(1.09375)^(-2)+ 126,000
×(1.09375)^(-3)+ 132,000 × (1.09375)^(-4)= 326882.7792
PV of annual maintenance cost :
=1,500 × (1- 1.09375^(-4))/0.09375
=4819.84773
NPV = 26882.7792 - 4819.84773
- (255,000+12250)
= 59,632.78
Transitional epithelium
<span>Transitional epithelium is a tissue made of many layers of epithelial cells that can expand when filled with fluid or contract when there's a lack of fluid. It is thus 'transitional' since it does not have a fixed shape of form. When the bladder is full, the t</span>ransitional epithelium lining it expands to contain urine. Whereas, when the bladder is empty, the transitional epithelium lining contracts and flattens in shape.
Answer:
<em>(A) Unit variable costs fluctuate and unit fixed costs remain constant.</em>
Explanation:
The <em>fixed costs</em> are the costs which have to be incurred always, irrespective of what the output produced is by the firm. For instance, a firm always has to charge depreciation on its fixed assets, pay salary to the premises staff and pay fixed salary to the managers for managing etc, irrespective of whatever output it produces.
<em>Variable costs</em> are the costs which vary with the level of output produced activity. For example, if more output is produced more will be the raw material payments, more will be the manufacturing related other expenses and more will be the wages paid to the labour etc and vice-versa.
Hence, thereby the per <em>unit variable costs fluctuate and unit fixed costs remain constant.</em>
Answer: d. channel captain
Explanation:
Channel captains as the term implies, are in charge of a good's distribution channel such that they are to coordinate things to ensure that the good keeps being traded efficiently.
They are responsible for coordinating vendors, and maintaining relationships necessary to keep the good moving. They are also to report on their activities with a view towards expansion. This is what Zach does therefore he is a channel captain.
