Return on assets = .138/(1+ .72414) = .08, or 8 percent.
Answer:
Substitution
Explanation:
Principle of subsitution states that no consumer should buy a product for a high price of he can get an alternative (duplicate) that is of a cheaper price.
Substitutes are alternatives that provide similar satisfaction to the customer.
When the price of one product goes up the customer has a choice of going for an alternative.
For example honey and sugar are substitutes. When the price of one goes down people will go for the cheaper alternative. This acts as a price control mechanism.
C: software
in most countries, there are four primary types of intellectual property (IP) that can be legally protected: patents, trademarks, copyrights, and trade secrets.
Copyrights do not protect ideas, but rather the manner in which ideas are expressed (“original works of authorship”) - written works, art, music, architectural drawings, or even programming code for software
Since Intel has a history of effectively transforming
R&D investment into income, the pro-forma version of the ration seems to be
of more significant. A company starting, for instance, would be unalike: its
track record would be much poorer and probabilities are that the criteria set
in place would not be as rough as Intel’s. Therefore, it appears that the significance
hinge on the kind of business: if future benefit is more of a doubt, then
R&D should be expensed. The contradictory is true if benefit is almost certain.
Intel also has the advantage of being very vibrant with its R&D objectives
and having exact, measurable standards. They note obviously what the funds are apportioned
to and what the end outcomes should be of the growth.
