Answer:
there is a rise in the quantity of capital.
Explanation:
Aggregate supply describes the total supply of products and services produced in an economy at all prices per period. The aggregate supply curve, shortened to AS, shows the relationship between total supply from producers and different price levels.
A shift in the supply curve communicates a change in the quantity of supply. The Aggregate supply curve shift to the right when there is an increase in output. In other words, when output from producers increases, the aggregate supply curve shifts to the right. Output or productivity increases when the price of key inputs falls, lower labor costs, or increased efficiency.
Answer:
E. the product is not compatible with existing habits
Explanation:
Looking for a greater sale of our products, sometimes we embark on monumental battles, trying to modify the way customers see the world.
However, experience indicates that this rarely happens. And when it happens, it is because there have been millionaire investments in media and product tests to try to convince a small part of the population to change their behavior.
Especially for entrepreneurs with limited resources, trying to change consumption habits is a long-term effort. It is necessary to invest significant resources to stimulate demand, which is also likely to end up benefiting competition equally.
You are incentivizing a new product category, in which new players will want to participate, once you have made the investment to educate the market. So you must prepare to get the most out of your effort.
<span>When using the ice-point method of calibration, you should immerse the thermometer in ice water for at least 5 minutes, which allows the reading to stabilize. After this amount of time has elapsed, the thermometer should be adjusted to read 32 degrees F (0 degrees C), if it was not already displaying this value.</span>
Answer:
$50,000 + $25x
Explanation:
Given that,
Fixed cost to start a production process = $50,000
Variable cost per unit = $25
Revenue per unit is projected to be $45
Therefore,
Let the number of units produced be x,
The total cost function is as follows:
Total cost = Fixed cost + Variable cost
= $50,000 + (Variable cost per unit × Number of units)
= $50,000 + $25x
The best way to generate word of mouth advertising is to start first with family and friends. In order for you to spread, you have to begin with the people who are comfortable with you. From there, you can let them spread the word of your product or service and then get referals so more people will know about what you are doing. This is the essence and concept of networking or referal selling. You start of with the people you know and then branch out later on.
