The soft drink industry then had to create <u>market value</u> for this new product category. Read below about the concept of market value.
<h3>What is a Market Value?</h3>
Market value is the amount for which something can be sold on a given market. Market value is also used as interchangeably with open market value, fair value or fair market , although these terms have distinct definitions in different standards, and differ in some circumstances.
Therefore, the correct answer is market value.
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Price discrimination is a rational strategy for a profit-maximizing monopolist where a monopolist is a price taker.
<h3>What is monopoly?</h3>
A monopoly is a dominant position of an industry or a sector by one company, to the point of excluding all other viable competitors. Monopolies are dangerous because they can become immensely powerful and use this power to further benefit themselves and gain even more power. A monopolist can raise the price of a product without worrying about the actions of competitors. In a perfectly competitive market, if a firm raises the price of its products, it will usually lose market share as buyers move to other sellers.
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The BEST advice Tay can give him about his first purchase is A. Be prepared to pay back the original amount and additional interest.
<h3>What is a Business Advice?</h3>
This refers to the financial advice that is given to a person when he is about to embark on a business to guide him not to make wrong choices.
Hence, we can see that based on the fact that Dante wants to use credit to make his first purchase, it is important that he knows that he would repay the amount, plus an additional amount, known as interest.
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They are examples of non sworn personnel
Simple interest is calculated based solely on a percentage of the loaned amount, while compound interest is calculated based on a percentage of the loaned amount and interest. ... Since there is no charge for any interest outstanding, it is less expensive for the borrower to pay off a simple interest loan. Principal.