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aalyn [17]
3 years ago
5

Martin is comparing the characteristics of his company's water filters with those that are already being marketed in the local m

arket. He realizes that there is lot of scope for his filters as they are functionally more advanced, have a longer life, and can also be marketed at a competitive price than those of other sellers in the local market. The innovation characteristic of Martin's product that will help in wide acceptance of his product in the local market is it__________
Business
1 answer:
sweet [91]3 years ago
4 0

Answer:

A) relative advantage

Explanation:

A product's relative advantage over its competitors means the aspects at which one good or service is perceived as better or superior to other competing products. This concept is similar to comparative advantage, but from the consumer point of view. Consumers will value one product more because of its relative advantages over its competitors.

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EastWind [94]
China, India and Brazil are some of the largest growing global businesses. These come from many different factors; GDP growth and population are two major causes. China has the largest populations in the world along with the fastest growing GDP percentages.
4 0
4 years ago
You are examining an investment opportunity. It would require you to pay money today and then receive payments semi-annually fro
Lady_Fox [76]

Answer:

The semi annual rate is 4.88%

Explanation:

semi annual rate = [((1+r)^(1/n)) -1]

                            =  [((1+10%)^(1/2)) -1]

                            = 4.88%

Therefore, the semi-annual rate (i.e. periodic return per six months) do you require (i.e. need to earn such that this implies 10% earned per year when you get to compound semi-annually) is 4.88%.

 

5 0
3 years ago
If a currency's spot market is liquid, its exchange rate will ________ highly sensitive to a single large purchase or sale of th
Troyanec [42]

Answer:

The correct answers to fill the blank spaces are not be; small

Explanation:

If a currency's spot market is liquid, its exchange rate will not be highly sensitive to a single large purchase or sale of the currency. Therefore, the change in the equilibrium exchange rate will be relatively small.

7 0
3 years ago
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A game may not start or continue if either team has fewer than ____ players.
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The answer is 7 players.
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