Answer:
<u>Platform products</u>
Explanation:
Platform product refer to those products whose design is used as a basis or serve as a platform in designing subsequent similar products. For example, all electronics work on some similar principles.
For instance, a refrigerator or an air conditioner, both utilize a compressor for cooling.
Consumer electronics are characterized under platform products since electronics include whole family of products which use electricity for working. A music system or a television, both run on electricity and share some common operating principles.
Answer:
cost of goods manufactured= $5,000
Explanation:
Giving the following information:
Beginning Finished Goods Inventory= 12,000
Ending Finished Goods Inventory= 8,000
Cost of Goods Sold= $9,000
To calculate the cost of goods manufactured, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
Isolating cost of goods manufactured
cost of goods manufactured= -beginning finished inventory + COGS + ending finished inventory
cost of goods manufactured= -12,000 + 9,000 + 8,000
cost of goods manufactured= $5,000
Answer: Cooperative
Explanation:
A cooperative is an independent association of people united voluntarily in order to meet their common economic, cultural and social needs and through a jointly owned enterprise.
A cooperative society is a group of people who possess specific common needs. The purpose of a cooperative society is to improve the economic status of its members. Cooperative societies usually offer their products to their members at a discount.
Answer:
8.9
Explanation:
according to the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid = d0 x (1 +g)
r = cost of equity
g = growth rate
50 = [4 x (1 +g)] / (0.18 - g)
50(0.18 - g) = 4(1 +g)
Answer:
In that situation, the demand of the Milk tea will fall.
Explanation:
In businesses subtitles are the type of products that serve a similar purpose but generally less favorable. You use substitutes as a second product when you somehow cannot use the first/main product.
In the example above,
Let's say that Coffee is people's favorite beverages. They like it better than milk tea. But, if they don't have enough money to buy their favorite coffee, they sometimes have to exchange it and settle with milk tea.
When weather increases the harvest of the coffee bean crop, the price of coffee will most likely fall down due to the abundance in resource.
When this happen, there will be lesser people who use the substitute product. in the end, the demand for the milk tea will fall.