The market expands, the level of competition rises, the number of clients grows, and sales increase during the growth stage. Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.
A product's life cycle consists of four stages, as previously mentioned: introduction, growth, maturity, and decline. However, a product must first undergo design, research, and development. A product can be created, advertised, and released onto the market once it is determined to be practical and potentially profitable.
Consumers have accepted the product on the market and are starting to genuinely buy in during the growth stage. That indicates that both demand and profits are rising, preferably consistently and quickly. The market for the product is expanding during the expansion stage, and competition is starting to emerge.
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Answer:
6.32%
Explanation:
Data provided in the question
Purchase price of share = $19 per share
Annual dividend per share = $1.20
Selling price per share = $17 per share
So, by considering the above information
The formula and the dividend yield on this investment is shown below:
= (Annual Dividend per share) ÷ (Initial price per share) × 100
= $1.20 ÷ $19 × 100
= 6.32%
Digital Technology and AI boom has completely transformed the job market and its effects have by now stabilized.
Explanation:
Manual jobs in general are declining as automate work becomes more affordable. This means that working in factories and day to day menial labor goes less in demand.
<u>Jobs in the AI, robotics and engineering sectors have been on a boom but as AI progresses and more and more information goes digital, Linguistics has also come into play with programming.</u>
These jobs are only going to be more in demand as the time goes on.
Answer:
$33,000
Explanation:
Calculation for net value of buying the Cadillac
Using this formula
Net value =Purchase-Resale price of the Cadillac
Let plug in the formula
Net value =$87,000-$54,000
Net value =$33,000
Therefore the net value of buying the Cadillac will be $33,000
Answer:
Economics is regarded as social science because build it uses scientific methods to explain the theories that can help explain the behaviour of individuals, groups and organisations. Economics attempts to explain economic behaviour, which arises when scarce resources are exchanged