No because if the teacher wants to bump up that grade they can if they want
Answer: Grapes are considered <u>intermediate goods</u> if the purchaser uses them <u>to make wine </u>to sell others but not if the purchaser eats them.
Explanation: We call intermediate goods to goods that deplete their production process.
They are used <em>to produce other goods</em> and in its application to the<em> production process </em>it is fully incorporated into the product or transformed completely with the first use.
They are bought for<u> resale</u> or used as inputs or raw materials for the production and sale of other goods.
One <u>example</u> could be the<u> flour </u>used to make<u> bread </u>is an intermediate good for consumption. ( The bread is the final product that you buy on the store ) .
Answer:
This is an example of:
4. product adaptation
Explanation:
Product adaptation is the process by which the management of a company changes product features to meet the needs of specific consumers. It can involve the improvement of a key feature that meets customer demand. This improves a company's competitive advantage over it's rivals. There are various reason as to why a product might need to be improved, namely;
1. To meet the regulatory standards in that particular area. Maybe the specification standards has changed, so the company also adjusts it's products to fit into the threshold of the required standards.
2. To make the product more attractive to a particular audience.
In general, product adaptation is meant to increase the market share especially in a business environment that is always changing with respect to customer needs and business regulations. An increased market share for the improved products usually translates to increased profit margins. Big profit margins is usually considered as a sign of success by most commercial businesses.
Answer:
Since the real rate of interest is negative, this means that the purchasing power of the savings have decreased over the year.
Explanation:
Data provided:
Interest rates = 7.85 %
The rate of inflation = 12.3 %
Now,
The Real interest rate is calculated as :
Real interest rate = Nominal interest rate - Inflation rate
on substituting the respective values, we get
Real interest rate = 7.85% - 12.3%
Or
The real interest rate = - 4.45%
Here,
Since the real rate of interest is negative, this means that the purchasing power of the savings have decreased over the year.
If they have experience in the sector and have all the needs machines, employees, money,..... then they would prefer to go to specialize and trade