Answer:
They will initially increase their purchasing and stock up on the product
Explanation:
Tax cuts would increase the disposable income of the people. As a result of the tax cut, demand would increase and the demand curve would shift to the right.
If the tax on a good were increased, the good would be more expensive and consumers would find a substitute for the product and purchase that instead or will stop purchasing the product and wait until the price comes back down.
I hope my answer helps you
Answer: the marketing costs of reaching loyal customers are typically very high
Explanation:
Brand loyalty is when a customer buys a product repeatedly from thesame company rather than buying a substitute from another company. Despite the efforts of the competitors to life them away, such customers are devoted to the product.
It should be noted that the marketing costs of reaching loyal customers are typically low. They hardly need any source of encouragement or advertisement to convince them to make their purchases.
This is distributive justice by defition
a meeting of people face to face. most of the time when you are in an interview you are applying for a job :)
Answer:
12%
Explanation:
Calculation for the internal rate of return if the company buys this machine
Using this formula
IRR = Initial investment/Annual Cash flow
Where,
Initial investment =$47,907
Annual Cash flow =$19,946
Let plug in the formula
IRR= $47,907/$19,946
=2.402
Using PV factor table = 2.402
IRR = 12%
Therefore internal rate of return if the company buys this machine will be 12%
