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Nikolay [14]
3 years ago
6

How to build a $100 million business

Business
1 answer:
antoniya [11.8K]3 years ago
8 0
Basically start off with a great idea and invest thousands of dollars and hopefully it lifts off from there.
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What best states the purpose of advertising?(Econ)
VladimirAG [237]

Answer:

Florida beaches.

Explanation:

Florida is FULL of people at beaches and many stupid people go there. if you put up a stupid ad it 75-25 a lot of people will buy or visit what your advertising.

6 0
3 years ago
Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to
dsp73

Answer and Explanation:

The formula to compute the price elasticity of demand is as follows:

= Percentage change in quantity demanded ÷ percentage change in price

At Price P0, the Quantity demanded is Q0

And,

At Price P1, the Quantity Demanded is Q1

Just like this, it could be computed

\frac{Q_1 - Q_0}{(Q_1 + Q_0)/2} divided by \frac{P_1 - P_0}{(P_1 + P_0)/2}

4 0
3 years ago
Which type of competitive strategy is characterized by convincing rivals not to enter a price war, protection from customer pres
Varvara68 [4.7K]

Answer:

Overall cost leadership.

Explanation:

Cost leadership can be defined as to lowest cost that is available in an industry. A cost leader in an industry has achieved a competitive advantage by being able to give the lowest price compared to other businesses in the market

Even where there is high competition businesses with low cost advantage perform well and have good profit margins.

So to avoid overall cost leadership firms convince rivals not to enter a price war, protection from customer pressure to lower prices, and the ability to better withstand cost increases from suppliers.

4 0
3 years ago
Oftentimes, the socially optimal quantity for a product that imposes external costs on the society is not zero, but something gr
sweet [91]

A much greater marginal cost than marginal benefit.

<h3><u>Explanation:</u></h3>

Marginal cost refers to the cost that is added by the production of one additional unit of any product or service.The costs that are included in the various levels of production will be encapsulated in the Marginal cost. For instance consider that a company decides to build a new plant in producing goods and services in addition.

The cost associated with the construction of this new plant is the marginal cost. In many cases the complete elimination of the externality would be involving A much greater marginal cost than marginal benefit.

3 0
3 years ago
When the Central government cut taxes and increases spending to stimulate the economy during a period of recession, such actions
Mkey [24]

Answer:

The correct answer to the following question is C) counter cyclical fiscal policy.

Explanation:

Counter cyclical fiscal policy can be defined as a strategy implemented by the government to counter boom or recession in the economy through the fiscal measures. This opposite approach which government uses, like if there is recession in the economy, where demand is low and growth rate is also low, then government here would employ counter cyclical policy where they will reduce taxes and increase the expenditure, which will lead to increase in demand and growth rate, and thus would help in stabilizing economy.

3 0
3 years ago
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