Answer:
The RB37 is most likely in the decline stage of the product life cycle
Explanation:
The decline stage of the product life cycle is associated with decreasing revenue due to market saturation, high competition, and changing customer needs. Companies at this stage have several options: They can choose to discontinue the product, sell the manufacturing rights to another business that can better compete or maintain the product by adding new features, finding new uses for the product, or tap into new markets through exporting. This is the stage where packaging will often announce “new and improved.”
Answer:
The correct answer is letter "A": true.
Explanation:
Free Trade exists when nations can swap goods and services without the constraints of tariffs, duties, and quotas. Free trade lets nations concentrate on manufacturing their specialties which are typical products other nations cannot male or produce as well.
Answer:
3. the sampling distribution of the sample mean is normally distributed.
5. the value of the sample mean varies from sample to sample.
Explanation:
We develop confidence interval for population mean because
a. the sampling distribution of the sampling mean is normally distributed. For us to do this we must first ensure that the sample mean is large enough
B. The value of the sample mean is not the same for all samples it varies from sample to sample. Therefore it it is better that an internal is given with the probability that the parameter falls into it.
Answer:
Increase in income
Increase in price of substitutes
Change in taste
Explanation:
If income increases, the demand for a good rises as the amount of disposable income increases,
A substitute good is a good that can be used in place of another good. e.g. pen and pencils. If the price of a substitute (e.g. pens) increases, it becomes more expensive. Consumers would shift to the demanding pencils. As a result the demand for pencils would increase
A change in taste. For example, if an individual prefers pencils to pens. he would demand more of pencils and less of pend. As a result, the demand for pencils would increase
The statement above is TRUE, having a budget is an excellent way to manage the money your earn. A budget is a plan that guides you with your expenditures and savings. It is a plan for your future income on how you spend and save it.
