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slava [35]
3 years ago
5

When a few domestic manufacturers of solar water heaters gained popularity in the country Likambea, solar water heaters replaced

the old models of water heaters and became the accepted market standard for heaters. In the context of innovation streams, this scenario best illustrates _____.
Business
1 answer:
ivanzaharov [21]3 years ago
6 0

<u>Answer:</u> this scenario best illustrates a dominant design.

<u>Explanation:</u>

Innovation streams means where the innovations become a competitive advantage for the companies. In this case solar water heater has attained its popularity and this has increased the demand for the product. Companies have to protect themselves against the competitors through innovation streams. Company can maintain its innovative streams by giving innovations every year.

Dominant design means that a new innovative product is accepted in the market and has market standards. Dominant design are used by mass people.

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If gas prices fell sharply, what would economists expect to happen in the market for fuel-efficient hybrid cars?
Thepotemich [5.8K]

Answer:

The correct answer is:  a decrease in the price and quantity of hybrid cars.

Explanation:

According to the Efficient Market Hypothesis (EMH), publicly-available information influence the asset's price movement. In that sense, if it is widely known that the gas prices will fall sharply, hybrid cars -fuel and electrical fueled cars, will see a fall in their price since the demand will increase. As implies fewer profits for a company, they are likely to produce fewer units of those types of vehicles.

5 0
4 years ago
Crandle Corp. applies manufacturing overhead costs to products at a budgeted indirectminuscost rate of $ 100 per direct manufact
katen-ka-za [31]

Answer:

total product costs  =   $101750

Explanation:

given data

overhead costs = $ 100

Direct materials of $41,000

direct manufacturing labor  = 450

per​ hour = $35

markup rate = 30 %

solution

we get here total product costs  that is express as

total product costs  = Direct materials + DML + MOH ..........1

total product costs  = $41,000 + ( 450 × $35 ) + ( 450  × $100 )

total product costs  =  $41,000 + $15750 + $45000

total product costs  =   $101750

4 0
4 years ago
Which category of cost includes insurance and utilities
Nata [24]

Answer:

Administrative Cost

Explanation:

Administrative cost refers to the cost used in directing and controlling a firm, corporation or organisation. These cost includes salary and wages of employee, insurance, depreciation, postage, stationery, rent, etc.

It is sometimes refers to as general cost. It is used in the day to day running of the business, but not directly attributable to any production process. These cost can not be categorized as either financing or distribution cost. Hence, it falls under administrative cost.

8 0
3 years ago
What do we hope to capture within a confidence interval?
labwork [276]
The confidence interval is an interval estimate for a parameter value which gives an estimated range of values which is likely to include an unknown population parameter
At least 90% of (a large series of) 90% confidence intervals will include the unknown true values of the parameters.
<span>We use this interval to determine the probability that the confidence interval produced will contain the true parameter value</span>
4 0
3 years ago
A basketball coach is performing a cost/benefit analysis in order to determine if more hours of practice would help the team sco
Virty [35]

Answer:

Marginal thinking

Explanation:

Marginal thinking refers to the thinking of decision makers in which the one additional unit  is more than its cost

Since in the question it is mentioned that the coach of basketball performed cost / benefit in order to achieve more points by doing more hours of practice

Therefore the given situation, it is an example of marginal thinking

3 0
3 years ago
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