Answer:
The correct option is (d)
Explanation:
Products have a cycle starting from introduction, growth, maturity and decline. This is called product life cycle. Considerable investment is required at introduction stage. Once the product is profitable, it enters growth stage and at maturity, it is at the most profitable stage. A product reaches decline stage as competitors step in and better products are made available in the market.
By adding features to its models, BMW is trying to lengthen its product life cycle so as to avoid the product's entry to decline stage soon.
Answer: With a loss
Explanation:
The firm here has its Marginal cost higher than it's marginal revenue.
This means that for every additional unit sold, the company is incurring a loss of $0.50 which is the difference between the marginal cost and the marginal revenue.
The company is therefore operating at a loss because every additional unit is costing them instead of benefitting them. To counter this, they need to reduce production so that marginal cost will fall.
Answer: Volkswagen invested in Russia because Russia’s economy was growing rapidly and living standards were rising while the level of car ownership was still low. This made Volkswagen believe that the demand for cars would grow quickly.
FDI was preferable because Volkswagen’s competitors were also investing in production facilities in Russia, so they felt that they needed to invest directly to be on the same levels as their rivals.
Answer:
"B"
Explanation:
Utilitarian is a group of people that belong to the school of thought that promotes happiness and a total well being of people in a society.
It believes that right actions and policy will always yield positive result while wrong actions will always yield unfavorable results
For this reason , it believes that selfish interest should not override the interest of others around as everyone must ensure that happiness reign in a society.
School rules and government rules are very similar, some similarity are no steeling and drugs and an average high school with no rules would be chaotic.
