Answer:
Option C Customer demands
Explanation:
Customer demand is the desire of customer to have the product. Customer demand is also sometimes referred to as Product demand, though the customer demand is the features that the customer desires in the product and product demand is the demand of the product in the market. But one thing is common which is demand of the feature of the product. Now keep it simple, if their is a customer demand then there is business and if their is no customer demand their no business. Businesses collapse because there is no sales or in other words there is no demand of the product in the market and as a result the product sales is below no profit and no loss position. So the correct option is option C.
Answer:
$105.
Explanation:
Since you are considering buying a $ 700 refrigerator on an installment loan with nothing down and 12 monthly payments of $ 72.92, and you could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $ 64.84 and your credit card company would also give you a cashback bonus of 1 percent for the purchase, to determine how much you would save by using the credit card the following calculation must be performed:
72.92 x 12 = 875.04
64.84 x 12 = 778.08
778.08 - (778.08 / 100) = 770.29
875.04 - 770.29 = 104.74
Thus, rounded to the nearest dollar, by paying with the credit card you would save an amount of 105 dollars.
Answer:
True
Explanation:
Winner curse is a situation where the bidder win the bid in an auction that exceeds the true worth or intrinsic value of the item auctioning. In the given scenario the inside managers bid for realistic performance. The outside managers tend to bid for higher performance to get the job. They does not seem to be realistic.
Answer:
The correct approach will be "NPV (Net present value)".
Explanation:
NPV concessions as well as reduce all potential investment returns from the campaign.
⇒ NPV = Present value of cash inflows - Present value of cash outflows
While using the NPV methodology with the appropriate project cost, we can determine is not whether the project is reasonable. Unless the Net present value is positive, the venture can not be dismissed and rejected whether it is poor or negative.
Answer:
Sharon is trying to maximize her marginal utility under the fixed budget.
Explanation:
She is buying exactly twice as many orange juices than sodas, because her marginal utility from juice is twice as much as her marginal utility from soda (60 x 30).
She is considering the marginal utility above the price when making her purchase decisions, because while orange juice provides more utility, it is also more expensive than sodas ($2.00 per bottle vs $1.00 per bottle).