Is there more to this question??? What do you need to know??
Answer: Modified product strategy
Explanation:
The modifying product strategy is one of the important strategy in the market as it basically refers to the value adding information and also modification in the existing products.
- The modified product strategy also known as the product life cycle where the existing products are get modified according to the new product strategy.
- By adding various types of features and also improve the performance of the product then it known as the product modification.
Therefore, the modified product strategy are used by the company for producing various types of new products and their aim is to produce the new product in the given original target in the market.
Market condition is the correct answer.
Answer:
0.33
0.5
Ted
Explanation:
Ted's opportunity cost = 20 / 60 = 0.33
Tom's opportunity cost = 15 / 30 = 0.5
A person has comparative advantage in an activity if he carries out the activity at a lower opportunity cost when compared with other people.
Thus, ted has an opportunity cost in washing cars.
I hope my answer helps you
