As an economic advisor when launching a new brand there are a number of factors that needs to be considered.
<h3 /><h3>What is Economy?</h3>
Economy is the environment of a country that entirely depends on production of goods and services and its consumption.
Market trend- will analyze the purchase of similar brand in the current and past
Fashion- The brand offers the latest fashion and is not outdated
Demographics- the brand launched will be consumed by urban or rural areas and should be relatively marketed.
Age factors - the brand and product for suitability for a specific age group
Price affordability - whether the people in the society can actually afford the brand.
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Answer:
Option C The degree of uncertainty about the actual outcome of a decision.
Explanation:
The reason is that risk is the vulnerability of an desired outcome and which can be measured. So if toss a coin there are 50% chances that head will appear and I will loose money and 50 percent chances that tail will appear and I win money. So undesired outcome here is head appearing because I will loose money and it has 50% chances. So risk result in undesired outcome in an uncertain environment.
Answer:
b. Increase by $2.20
Explanation:
Economic Surplus is the total benefit to society from production.
If an additional unit is produced the additional cost will be $79.40 and it will the additional benefit of $81.60.
So the surplus = benefit - cost = $81.60 - $79.40 = $.2.20
They are marginal quantities (change made by additional unit) so everything has been taken into account for the deriving of change to surplus.
Answer:
Correct option is (B)
Explanation:
In accounting, double entry book keeping is followed as every financial transaction has dual effect on the books of accounts. It starts with the accounting equation which stated:
Assets = Liabilities + Stockholder's Equity
If there is an increase in assets, there has to be a subsequent increase in either liability or stockholder's equity.
Every transaction is debited in one account and credited in some other account.
For example Depreciation for the year is $2,000. Depreciation expense account is debited by $2,000 and accumulated depreciation account is credited by $2,000.
Since Sandra recognizes that an effect on asset will have a simultaneous effect on either liability or equity, she is following double entry bookkeeping.
