Answer:
Profit peak before sales reach their highest level
Explanation:
product life cycle is the transition of a product through the four stages of Introductory , Growth , maturity and decline stages.
The product manifest different attributes on attaining each of the listed stages.
Peculiar to the decline stage is continuous fall in sales volume which leads to drop in profit or even losses as the company struggles to work things out.
Before the decline stage is the growth stage , This is the level where sales increase rapidly and the profit attain its peak before it begins to decline due to fall in sales that is experienced at the decline stage
Answer:
Positioning
Explanation:
Positioning is the most important part for every organization as every organization wants to build its image in the market with the help of introducing a new product in the market so that the sale of the company could increase and there is no competition also the company try to make efforts to capture the maximum share in the marketplace
So according to the given scenario, the positioning is the most appropriate option
Answer:
Inelastic
Explanation:
Price elasticity of demand refers to degree of responsiveness of change in demand with due to the change in price.
When a small change in price is accompanied by a higher change in the quantity demanded, this indicates the demand being elastic.
On the other hand, when a substantial change in price results in less than proportionate change in the quantity demanded, it indicates that demand is inelastic.
Price elasticity of demand is mathematically represented as:
wherein, 
= Price elasticity of demand
dQ= change in quantity demanded i.e 
dP = Change in price i.e 
p = original price
q = original quantity
In the given case, the manager thinks, when price is reduced by 50 cents, the sales quantity will rise by 1 unit, but the total revenue, which is the product of price and quantity demanded, will fall. This indicates, the demand was perceived as inelastic.
This represents the case wherein, with fall in prices, the total revenue also falls i.e inelastic demand.
Answer:
On average the firm issued shares at $15 dollars each
Explanation:
the treasury stock are purchased at the market price which is not the same as the issuance price thus, we ignore it.
the company issued 33,600 shares with par value of $10
from which it has $168,000 additional paid-in
In total: 33,600 x $10 = 336,000
<u> + 168,000 </u>
Total paid-in 504,000
504,000 / 33,600 = <em>$15</em>
