Answer:
The company must create brand recognition and open new branches to access greater number of customers.
Explanation:
Ofcourse having a brand recognition means that the company is oriented towards developing its image that plays a vital role in making choices and this is only possible if its products are widely available in the market by openning new branches and offering other branches to present your products. This will lead to access of product to greater amount of public and greater the number of people will choose Magnira's products.
Answer:
Budget Line rotates inwards (leftwards/ downwards) on that axis, optimal quantity demanded at that higher price .
Explanation:
Budget line represents product combinations that a consumer can afford , using all income with given prices & income.
If price of a product increases, the consumer can consume lesser amount of the product due to higher prices . So, the budget line rotates inwards (leftwards / downwards) on the corresponding x / y axis denoting that good.
So, inwards rotation of the budget line on the corresponding axis representing the price risen good - leads to reduction in the quantity of the good whose price has risen.
<h2>A $4.00 for car wash is good</h2>
Explanation:
Option A: A fancy hair cut option is given but it is not associated with any of the price. So we cannot say it is good or worth for the money.
Option B: It seems to be valid. But when we consider all the given options, there are better options than this.
Option C: Rusted means a brown layer formed on the body of the car. So we cannot say it is good. So this option too is invalid.
Option D: Normally car wash costs $10. It is worth to do a complete car wash with $4.00. This option is the best choice.
Answer:
$625
Explanation:
He made a profit of $2500 which is greater than $1500, so he would earn a 25% commmision
25% of $2500 = $625
I hope my answer helps you
