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Softa [21]
3 years ago
7

The sneaker company that you work for had a great marketing campaign and has increased sales for the original running shoe that

was designed in 1993. This was exciting for the marketing team because they did not make any modifications or improvements to the sneaker since 1993. What is this an example of?
(1 point)
• market penetration
• market growth
• market development
• market diversification
Business
1 answer:
Arisa [49]3 years ago
7 0
The right answer for the question that is being asked and shown above is that: "• market development."  Market development comes in when taking existing products or services and selling them in new markets.

Existing product = running shoe designed in 1993.
<span>New Market = present year.</span>
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vredina [299]

Answer:

$1,300,000

Explanation:

Given:

Number of workstation = 60

Cost of each workstation = $100,000

Additional Cost = 20,000,000

Computation of total cost:

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= ($100,000 x 60) + $20,000,000

= $6,000,000 + $20,000,000

= $26,000,000

Assume Depreciation rate = 5%

Deprecation = Total Cost x Depreciation rate

= $26,000,000 x 5%

= $1,300,000

5 0
3 years ago
Your auto insurance policy has a 200 monthly premium and 700 deductible. What is the maximum amount you will have to pay out of
ValentinkaMS [17]
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You and two partners start a company. However, your partners play no role in running the company. You spend all your time managi
GalinKa [24]

Answer:

The correct answer is letter "D": Opportunity cost.

Explanation:

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4 0
3 years ago
A stock has an average expected return of 10.8 percent for the next year. The beta of the stock is 1.22. The T-Bill rate is 5% a
uranmaximum [27]

Answer: 4.7%

Explanation:

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10.8% = 5% + (1.22 × Market risk premium)

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5.8%/1.22 = market risk premium

Market risk premium = 0.058/1.22

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7 0
3 years ago
You are asked to recommend whether a firm should make or purchase product A. The following are data concerning the two options.
Alexxandr [17]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

For the purchase​ option:

Buying price= ​$22 per unit.

For the make​ option:

Weekly rental payment of ​$30,800

The firm also has to hire five operators to help make product A. Each operator works eight hours per​ day, five days per week at the rate of ​$14 per hour.

The material cost for the make option is ​$15 per unit of product A.

A) We need to find the number of units that makes the unitary fixed costs= $7

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Q= 4800 units

B) Now Q= 6600

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3 0
3 years ago
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