Answer:
The correct answer is: Low sales volume.
Explanation:
This is a part of the introduction stage of the product life cycle. <u>Normally, when a product appears in the market, as it is new and unknown, the sales are not high. Even more with innovating and completely new products, when people still don't trust it or simply haven't discovered it. This is where the marketing tools work on actually making a market for it. </u>
If this first stage is successful, then <em>sales and profits start rising rapidly.</em>
<em>Tough competition with competing products</em> is a marketing strategy in the situations when we launch a product that already exists on the market, but we want to emphasize that ours is better or special for some reason.
Vigorous price competition from dying products - If we are talking about dying products, it means that we have already come to the <em>decline stage.</em>
Answer:
The correct answer is letter "B": False.
Explanation:
Deadweight Loss is a term used in economics that explains the loss to society as a result of market inefficiencies. When supply and demand are out of equilibrium, markets are inefficient. Often, government policies can cause deadweight loss.
Taxes generate deadweight loss because the total price of a product, which includes tax, may be higher than the price that customers are willing to pay. <em>Thus, a tax on goods with elastic demand is likely to create more deadweight loss that taxes on foods with regular demand.</em>
Answer:
a.The rental of any ski equipment you need.
b.The cost of a lift ticket.
d. The wages you forgo by going skiing.
Explanation:
The true cost in this case can also be called the opportunity cost of going skiing and it is defined as the total cost required in order to achieve the aim of going skiing.
The rental of any ski equipment you need, the cost of a lift ticket and the wages you forgo by going skiing are all included in the true cost of going skiing.
Answer:
a. 320 units
b. $1,920
Explanation:
EOQ = √ 2 × Annual Demand × Ordering Cost per Order / Holding Cost per unit
= √ (2 × 3,000 units × $102.40 / ($30 × 20%))
= 320 units
total inventory cost = ordering cost + holding cost
= 3,000 units/ 320 units × $102.40 + 320 units/ 2 × ($30 × 20%
= $960 + $960
= $1,920
<span>The officials are expected to have a very good sense of balance. To achieve the office in the first place, the officials are required to cross a tightrope suspended above the ground, reach the middle, and jump as high as they can without falling or otherwise injuring themselves.</span>
