Answer:
In the article since Toyota Prius is partly run by fuel it's sale is hurt by lowering of gasoline price. So more gasoline leads to less Toyota Prius sales. This indicates substitution.
On the other hand considering wholly gasoline powered cars, when prices of gasoline goes down, more gasoline is purchased and people tend to trade in their Toyota Prius for gasoline cars. In this case relationship is complimentary as increase in sale of gasoline leads to increase in sale of gasoline cars.
Explanation:
Answer:
The answer is 32.4 years
Explanation:
The person in question is trying to buy $200,000 Ferrari. This is the FUTURE VALUE(FV)
As at today, the person has $48,000 in the bank. This is the PRESENT VALUE.
The prevailing interest rate is 4.5 percent per annum.
So, to find the number of years now:
Lets use financial calculator to solve this.
PV = -48,000;
FV = 200,000
I/Y = 4.5
CPT N = 32.4
Therefore, the number of years needed to buy this car is 32.4 years.
Answer:
is based on offering a unique product or service that a wide range of buyers find appealing and worth paying for
Explanation:
A broad differentiation strategy is a strategy of making ones goods or services different from that of competitors in a way that would appeal to a wide range of consumers.
An example of a company that employs broad differentiation strategy is apple. Apple products are deemed to be quite different from that of its competitors
<em><u>Characteristics of broad differentiation strategy </u></em>
- Firms that use this pricing have higher brand loyalty
- Firms that use this pricing have higher sales than when compared with competitors
- Firms that use this pricing are able to charge a higher price for their products when compared to their competitors
Answer:
$200,000
Explanation:
Total cost = Fixed cost + variable cost
$200,000 = $100,000 + $100,000
Fixed cost is cost that do not vary with production. E.g. rent
If no production activity takes places, fixed cost would still be incurred.
Variable cost is cost that varies with production e.g. wages
If no production activity takes place, there would be no variable cost.
I hope my answer helps you.
Answer:
Rivalry among already established competitors
Explanation:
- we need to make use of the services offered through a company to invest in stocks. Investment firms are investment banks that help you purchase shares and sell them. Among buyers and seller, they serve as the intermediary.
- Online brokerage companies work in a highly aggressive and competitive environment, making use of new technologies that make their offerings more special in the battle against competition against existing rivals.