Answer:
benefits of building and maintaining a strong brand are endless: customer recognition, word-of-mouth marketing, customer loyalty, enhanced credibility, and ease of purchase, to name a few. Your brand is one of your company's most valuable assets.
Answer: Option (B) is correct.
Explanation:
Given that,
Cost of new economics textbook = $100
Cost of new CD player = $100
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
As the cost of both the products are identical, so the opportunity cost of buying new economics textbook is the enjoyment of the new CD player.
Answer:
a.)Customers using freeware can personalize the software to meet their needs.
Explanation:
Freeware is a software that any person can download, install and use for free. However, the code in the software can´t be modified in order to personalize it without the owner's permission as it has copyright.
It's D. Increasing the reserve requirement on banks
Answer:
The average operating cost is $0.46 per mile
In deciding whether to to her use her own car or rent a car the costs are analysed below:
Variable operating cost is a relevant cost
Depreciation is not relevant as it is already cost and also it is sunk cost
insurance is not relevant as well
automobile tax and license is not relevant as it would be paid regardless of the option chosen
Explanation:
The average cost comprises of the variable operating cost per mile as well as the fixed operating cost per mile
variable operating cost per mile is $0.06
fixed cost operating cost=fixed costs/total miles driven=($3,350+$1,700+$900+$450)/16000=$6400
/16000=$0.40
average cost per mile=$0.06+$0.40=$0.46
