For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.
<h3>Reason for early sales</h3>
When a particular products meet the demand of people, there is possiblity of sales immediately after the product is release.
Hence, product should be targeted towards demand.
Therefore, For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.
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The reliability rating of the cloud service is about <span>93.37%.</span>
Answer:
Option d (Relatively elastic) would be the correct solution.
Explanation:
- The demand for some of its commodities becomes relatively elastic, i.e. the price drop contributed to a large decrease or change in the number requested, thus lowering the overall sales.
- It could be contrasted to other options for elasticity-comparatively inelastic, completely inelastic, perfectly elastic even elastic units.
All 3 other options are not connected to the hypothetical offered. So, the option here was the best one.
Answer:
$16.8 million
Explanation:
Calculation to determine What amount should Carter report as net cash from investing activities
($ in millions)
Cash Flows from Investing Activities:
Proceeds from sale of marketable securities $37
Proceeds from sale of land $13
Less Purchase of equipment for cash ($23)
Less Purchase of patent for cash($10.2)
Net cash inflows (outflows) from investing activities $16.8
Therefore the amount that Carter should report as net cash from investing activities is $16.8 million