Answer:
a. 9%
b. Yes, the firm earning an economic profit of 2%
c. Yes, Industry will see entry or exits
d. Rate of return of economy = 7%
Explanation:
a. Percentage rate of return = Earning ÷ Investment by founders × 100
= $18 ÷ $200 × 100
= 9%
b. Company rate of profit - Rate of profit of economy
= 9% - 7%
= 2% > 0
Yes, the firm earning an economic profit of 2%
c. Yes, Industry will see entry or exits because industry is competitive in nature and would to like to compete to others by satisfying the consumers . In perfect competitive markets there will be no entry or exits and critical characteristics reason companies are free for entry and exit for marginal profits.
d. Industry is competitive , there will be supplier to serve the market and its hard to decide the price of the product.
Hence, the rate of return long run equilibrium earned by firm = Rate of return of economy = 7%
Answer:
d. With trade, Brazil should specialize in sugar cane and China in iPods.
Explanation:
As from the given situation it can be seen that Brazil has an absolute advantage while producing the sugarcane as it takes one unit of labor for generating one unit of sugarcane
On the other hand, china has an absolute advantage for generating an ipod as it takes four unit of labor to generate one ipod
Therefore the option d is correct
Answer:
The primary source of information
Explanation:
Direct or first-hand raw data is known as the primary source of information. Primary information is not edited, analyzed, or summarised in any way.
In the case of Jamie, information from the telephone directory is first hand. It is raw data because it has not been analyzed to provide customer feedback on customer satisfaction. Directories are archives or manuscript records that fall in the primary source of data.
By offering affordable yet high quality cars to its customers, Hyundai is engaging in the positioning approach of <u>a. </u><u>positioning </u><u>based on </u><u>value</u><u>.</u>
When a company uses the value positioning approach, they:
- Offer high quality products and services
- Try to capture the loyalty of their customers by offering a better product than others
Hyundai is offering cars that are of a high quality with extended warranties and on top of that, offer impeccable service as well. They are therefore offering their clients, high quality products and services.
We can therefore conclude that Hyundai is using the value based positioning approach.
<em>Find out more at brainly.com/question/14630427.</em>
Options for this question include:
a. positioning based on value
b. positioning based on symbolism
c. positioning against a specific competitor
d. positioning using perceptual mapping
Answer:
Step 1: Understand why Your Customers use Your Product. ...
Step 2: Identify the Market You're in and the Persona You're Going After. ...
Step 3: Determine the Market's Maturity. ...
Step 4: Determine People's State of Mind. ...
Step 5: Tying it Together. ...
Conclusion.
Explanation:
