Answer: Competitive advantage.
Explanation:
It is the advantage a company has over their competitors that allows them to produce goods and services of the same or even better quality and benefit as their competitors but at lower price level. This is important because it gives a company an edge over their competitors.
Competitive advantage is characterised by customer services, quality product and service, quality braiding, good distribution network.
Answer: Bundle all the three operas together
Explanation:
Customers purchase a good only if its price is less than the customer’s reservation price.
Total WTP of consumer 1 = 100 + 200 + 70 = 370
Total WTP of consumer 2 = 120 + 100 + 150 = 370
Hence, all the three operas should be bundled together.
When using credit, you are giving up spending in the future to spend money now. This trade off involves costs (interest). So borrowing money from your future to buy now, will cost you more in the long run that paying cash.
Answer:
$91,900
Explanation:
The computation of net sales revenue is shown below:-
Here, for reaching the net sales revenue we add the sales revenue and deduct the sales return and allowances with sales discounts
Net sales revenue = Sales Revenue - Sales Returns and Allowances - Sales Discounts
= $95,000 - $1,000 - $2,100
= $91,900
Therefore we have applied the above formula.
