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DerKrebs [107]
3 years ago
9

Many states create licensing requirements for a variety of professionals (such as lawyers and accountants) designed to restrict

entry into their market by professionals from other states. This strategy limits ____________ growth strategies.
a. product proliferation
b. market development
c. market penetration
d. diversification Product
Business
1 answer:
Dennis_Churaev [7]3 years ago
3 0

Answer:

The correct answer is option B. This strategy limits market development growth strategies.

Explanation:

Market development is a strategy in which a company tries to sell an existing product to a new group of consumers or non-buying customers in currently targeted segments. It enters new markets to expand revenue and reduce concentration risk. A market development strategy also targets new customers in new segments.

Creating licence requirements for professionals which is designed to restrict entry into their markets by professionals from other states would limit market development growth strategies.

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peggy practices her gymnastics routine for a total of 21 hours.Each practice session is 1 and 3 4 hours.how many practices sessi
mylen [45]
7 practice sessions
3 0
3 years ago
At the beginning of 2018, England Dresses has an inventory of $140,000. However, management wants to reduce the amount of invent
Bad White [126]

Answer:

purchases = 160000

Explanation:

given data

beginning inventory = $140,000

amount of inventory on hand = $80,000

net sales = $400,000

gross profit rate = 40%

solution

we first Computation of cost of goods sold  hat is

Gross profit rate = \frac{gross profit}{net sales} × 100

= \frac{gross profit}{400000} = = \frac{40}{100}

= 100 Gross profit = 16000000

so

Gross profit = 160000

and

Cost of goods sold is = sales - gross profit

so

Cost of goods sold = 400000 - 160000

Cost of goods sold = 240000

and

Cost of goods sold = opening inventory + purchases - closing inventory  

so put here value

240000 = 140000 + purchases - 60000

so purchases = 160000

7 0
3 years ago
When the government imposes a tax on a firm that generates external costs, the tax is A) always borne entirely by the firm. B) a
e-lub [12.9K]

Answer:

C) usually borne by both the firm and the consumer.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

There are three (3) types of taxation used by the government, these are;

1. Progressive taxation: it involves charging individuals having higher incomes a higher percentage of their total income.

For instance, John pays 30% on $70,000 and Joyce pays 10% on $45.000.

2. Proportional taxation: it involves charging both lower and higher income earners equally in proportion to their income.

For instance, John pays 20% on $50,000 and Joyce pays 20% on $36,000.

3. Regressive taxation: it involves charging individuals with low incomes a higher percentage of their total income and vice-versa.

For instance, John pays 15% on $60,000 and Joyce pays 20% on $36,000.

When the government imposes a tax on a firm that generates external costs, the tax is usually borne by both the firm and the consumer.

This ultimately implies that, the tax incidence falls on both the manufacturer or producer of the goods and services, as well as the consumers of these finished goods.

8 0
3 years ago
You are considering the purchase of a condominium to use as a rental property. You estimate that you can rent the condominium fo
Nastasia [14]

Answer:

It can take a mortgage up to 90,819 dollars

Explanation:

1,300 per month

-300 maintenance and other cost

1,000 per month

What is the PV of an annuity of 1,000 dollars

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1000        (proceeds from the rent)

time  240         (20 year x 12 month per year)

rate 0.01          ( 12% / 12 months = 1%)

1000 \times \frac{1-(1+0.01)^{-240} }{0.01} = PV\\

PV $90,819.4163

It can take a mortgage up to 90,819 dollars

3 0
3 years ago
Your Competitive Intelligence team is predicting that the Chester Company will invest in adding capacity to their Cute product t
Rasek [7]

Answer:

HELLO SOME PARTS OF THE QUESTION IS MISSING ATTACHED BELOW IS THE MISSING PARTS

answer : 13156

Explanation:

Considering only products primarily in the core segment last year.

they are : Ant, cone, cute,Drat and Daze

From the question it is assumed that Chester's product Cute and other products in its Core segment will be increased  by 10% this year hence we will calculate the 10% increase of each core product and add it to its initial value

For ANT (1550)

will become = 1550 + ( 10% * 1550 ) = 1705

For CONE ( 1050 )

will become = 1050 + ( 10% * 1050 ) = 1155

For Cute ( 1300 )

will become =  1300 + (10% * 1300 ) = 1430

For Drat ( 1040 )

will become = 1040 + ( 10% * 1040 ) = 1144

For DAZE ( 1040 )

will become = 1040 + ( 10% * 1040 ) = 1144

The total capacity of the current year = 1705 + 1155 + 1430 + 1144 + 1144 = 6578

Hence the Total capacity the Industry will produce in the core next year still applying the 10% increment will be = 2 * 6578 = 13156

7 0
2 years ago
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