Answer:
This simply implies an increase in the demand of Stand Up Paddle boards at each price of SUPs and an increase in the demand would mean a rightward shift in the demand curve for stand up paddle boards. Usually a rightward shift in the demand curve is caused by a couple of factors such as a increase is income, a fall in price of a complement product, or increase in the price of another product that can be used as a substitute.
Explanation:
Answer:
The tickets cost $208.74
Explanation:
The exchange rate is an indirect quotation from the dollar's perspective if dollar is considered to be the domestic currency.
We know that $1 = 0.618 pound
If the price of the ticked is 129 pounds, to convert it to dollars, we need to divide the pound amount by the exchange rate of dollar to pound.
Thus, 129 pounds in dollar are,
129 / 0.618 = $208.7378 rounded off to $208.74
Answer:
310.5 activity rate per employee
Explanation:
Number of employees:
135 Car Rental
65 TruckRental
200 total
We have to distribute the total cost over the cost driver, in this case numebr of employee
62,100/200 = 310.5 activity rate
Answer:
Consumers cannot find enough of a popular new toy in stores.
Explanation:
If there is a shortage, there is not enough supply for the demand.
Answer:
The answer is stated below:
Explanation:
The challenges which one would face and these are:
1. Hiring especially and retaining the top talent.
2. Secure the budget.
3. Economic fluctuations.
4. Trained professionals.
5. Evaluation of ROI (Return on Investment) on activities of the marketing.
When the company or firm faces the limitations grounded on the real world situations then all of the mentioned above will be a challenge for the company. The firm or the company will have to meet the fluctuation which is linked with the economic conditions as well as the currency.
When the assumptions are build as a simulation then the company or the firm will not be in a position to take the risk. The assumption could cause the firm to travel safely in the economy, in order to take or face the challenges the firm should ready to face the risks and have the plans in respect to tariffs, currency and other barriers.
If the firm wants to play safe then should be open to all the fluctuations and prepared to meet the ups as well as downs in the business.
So, assumptions should be made in such a way that they safeguard or protect the company but should not be such that it will limit the company growth.
