Answer:
Evaluation of competitors price
Explanation:
Shelly must benchmark her product's price against its direct competitors, how often they offer discounts or promotions, etc. She should also evaluate differences in product quality, and if possible, she should try to get information about her competitors' costs.
Are you offering a high quality, medium quality or low quality product? Is your price correct according to what the competition offers? Or is it too high or too low? If so, why is it too high? It it's too low, it is always easier to increase the price but decreasing it may b difficult.
Depending on what type of product you want to sell and the relationship that your company has with retailers, the distribution costs can affect your final price. For example, some companies make special deals with some retailers to give them exclusive rights to sell their products at a certain price that tends to be much lower than their competitors'.
Answer:
The amount of annual rental payment = $4,906.205 per annum
Explanation:
Amount of lease payment that Mequon Inc must demand for earning 6% rate of return i.e discounting factor:
=3.465
Amount that will be paid per year:
[(Value of machinery-resifual value at the end of 4 yers expected by Mequon)/discounting factor for 4 years at 6%]
=($47,000-$30,000)/3.465
=$4,906.205(approx.) per annum.
Based on the descriptions of the economy, the type of economy that country b has is a developed economy.
<h3>What is a developed economy?</h3>
A developed economy is an economy characterised by high GDP, high rate of GDP per capita, high level of technological advancement and favorable laws that encourages the development of businesses.
Examples of developed economies are United States, Switzerland.
To learn more about developed economies, please check: brainly.com/question/19496739
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<span>$582
Customer paid $600.
Credit company charged 3%, which is 0.03*$600 = $18.
Thus, the reminder to collect from the credit company is $600 - $18 = $582.</span>
It can be difficult to research new product ideas when customers have never thought about them before.
hope this helps!!