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Leona [35]
3 years ago
12

What is product differentiation?

Business
1 answer:
AveGali [126]3 years ago
8 0
Product differentation is when the same type product is being sold by different brands with the idea that it has the same effect as the original product. for example when you have Marie biscuits from bakers and Marie biscuits made by the supermarket. The idea is that it is the same biscuit but the quality is different
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A product that sells today for $150 per unit is expected to escalate in price by 6% in year one, 8% in year two and 10% in year
saveliy_v [14]

Answer:

<u>     selling price at year 3:</u> $ 188.89

<u>at constant dollar year 3:</u> $  167.94

Explanation:

selling price x accumualte raises:

150 \times (1+0.06) \times (1+0.08) \times (1+0.10)

150 \times 1,25928‬

selling price: 188,892

now, to calculate the constante dollar we discount for inflation:

188.892 \div ((1+0.03) \times (1+0.04) \times (1+0.05))

188.892 \div 1,12476‬

constant dollar selling price: 167,9398271‬

4 0
3 years ago
​the key to being a good follower is to think for oneself and to work well without close supervision. this is referred to as ___
swat32
The answer is, "this is referred to as self-management".


There are four essential Qualities of Effective Followers, which includes;
Self-management
Commitment
Competence and focus
Courage
Self management is considered as the key to being a good follower. <span>Effective group members can see themselves as they are as capable as their leaders.</span>
4 0
3 years ago
The Law of Demand states that when the price of a good rises, the Quantity Demanded will (Click to select) . b. The Law of Deman
lord [1]

Answer: See explanation

Explanation:

a. The Law of Demand states that when the price of a good rises, then the Quantity Demanded will (fall)

b. The Law of Demand states that when the price of a good falls, then the Quantity Demanded will (rise).

According to the law of demand, when there's an increase in the price of a product, there'll be a reduction in the quantity of the good that will be demanded by the consumers and vice versa.

5 0
2 years ago
Equivalent-unit calculations are necessary to allocate manufacturing costs between: Multiple Choice cost of goods manufactured a
HACTEHA [7]

Answer:

units completed and ending work in process.

Explanation:

Process costing can be defined as a cost accounting method used for assigning manufacturing or production costs to the units of goods produced by a business firm over a specific period of time. It is mostly used by firms that produce a large quantity of homogeneous or similar products on a continuous basis. Process costing typically uses more than one Work in Process Inventory account because costing at each stage of production or manufacturing process.

Basically, when manufacturing overhead costs of a business firm or company are applied to the cost of production in a process costing system, they are debited to the Work-in-Process inventory account.

In the manufacturing process, partially or partly completed goods that are still in the process of being converted into a finish product are defined as work-in-process inventories.

Generally, the work-in-process inventories include the following raw materials cost, direct labor cost and factory overhead cost.

The equivalent-unit calculations is done by multiplying the number of partially completed physical goods by the percentage of completion.

Hence, equivalent-unit calculations are necessary to allocate manufacturing costs between units completed and ending work in process.

3 0
3 years ago
15 points and ill award brainliest to the right answer.
slamgirl [31]
<span>A public in-state college charges less for in-state tuition than for out-of-state tuition.
</span>Tara will most likely have to pay room and board expenses at an out-of-state public college, but might be able to commute to a public college in state.
8 0
3 years ago
Read 2 more answers
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