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3 years ago

A product enhancement is equivalent to

Business

1 answer:

Step2247 [10]3 years ago

8 0

<u>Answer:</u> Upsell

<u>Explanation:</u>

Product enhancement means adding any additional features or functions to the existing products. The product managers keep adding these features to increase the market share of the product sold. It is also a marketing technique used by the companies to prove their products better than the competitors products.

By following product enhancement strategy the company tries to upsell the products. It protects the product from being out of the market and also increases the product's capability. The usability and performance of the product also increases.

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Suppose your bank account pays interest monthly with an eﬀective annual rate of 6%. What amount of interest will you earn each m

Bess [88]

Answer:

0.4868%

$615.47

Explanation:

Given that

a. EAR = 6%

Thus,

Equivalent monthly rate = (1 + r)^n - 1

Where r = EAR

Therefore

= (1 + 0.06)^1/12 - 1

= 1.0048675 - 1

= 0.0048675 × 100

= 0.4868%

b. Given that

Monthly rate = 0.4868%

Future value = 100,000

Time = 10 years

Recall that

FV annuity formula = C × (1/r) × ([1 + r ]^n - 1)

Where

C = payment

Therefore

100000 = C (1/0.004868) × ([1 + 0.004868]^120 - 1)

C = 100,000/(1/0.004868) × ([1 + 0.004868]^120 - 1)

C = $615.47 per month

4 0

3 years ago

Read 2 more answers

A profit-maximizing firm will not employ an additional unit of a resource if the marginal product of that unit is greater than t

Lubov Fominskaja [6]

Answer:

The Answer is A) True

Explanation:

The marginal cost of production and marginal revenue are economic measures used to determine the amount of output and the price per unit of a product that will maximize profits. A rational company always seeks to optimize its profit, and the relationship between marginal revenue and the marginal cost of production helps to find the point at which this occurs. The point at which marginal revenue equals marginal cost maximizes a company's profit.

Cheers!

4 0

3 years ago

How much does David earn in a 35-hour work week (gross pay without benefits)?

Lapatulllka [165]

690 dollars without tax

6 0

3 years ago

5. Consumers subconsciously screen out stimuli that they find psychologically threatening, even though exposure has already take

svetoff [14.1K]

Answer:

The correct answer is letter "E": Perceptual defense.

Explanation:

In psychology, perceptual defense refers to the suppression of a stimulus that represents a threat or an uncomfortable situation for an individual. Those inputs are distorted somehow by the individual to reject the unpleasant feeling so that the person does not feel that bad because of it. In such a way, the brain works as a defense mechanism able to distort information to mitigate the effects in the behavior produced by the stimulus.

5 0

3 years ago

On January 2, 2016, Alpha Corporation procured new equipment with an issue of 5,000 shares of $4.00 par value common stock. The

ruslelena [56]

Answer:

The answer is

2 January

Dr: Equipment $48,750

Cr: ordinary shares $20,000

Cr: Paid in capital in excess

of par - ordinary shares $28,750

Explanation:

Cost of the equipment is:

5,000 shares x $9.75 per share

=$48,750.

Common stock (equity) is:

5,000 shares x $4.00 face value

=$20,000

Paid in capital in far more than par - ordinary shares is:

$48,750 - $20,000

=$28,750

2 January

Dr: Equipment $48,750

Cr: ordinary shares $20,000

Cr: Paid in capital in excess

of par - ordinary shares $28,750

8 0

3 years ago