Answer:
e. cannibalization
Explanation:
Based on the information provided within the question it can be said that this is most likely due to cannibalization. In business terms, this refers to a decline in sales due to the fact that the company introduces a new product with the hope of increasing sales, but instead that product takes the spotlight and causes the sales for other products that provide more profit to actually decline. Which is what the grilled chicken is doing to the burger products in this scenario, causing Fenton's overall sales revenue to decline.
<span>It locks-in the customers. The customer feels that they get a better and faster experience at the store with RFID-enabled card readers, so they feel compelled to return in the future. This creates repeat business and, likely, higher profits for the company.</span>
Answer:
13,000
$80
Explanation:
As per the data given in the question, the computation is shown below:
Market demand function Q = 18,000 - 100P + 11,000 - 100P
Q = 29,000 - 200P
Divide by 200
The inverse function P = 145 - (Q ÷ 200)
TR = P×Q = 145Q - 0.005Q^2
MR = 145 - (1 ÷ 100)
Q = 145 - 0.01Q
Marginal cost (MC) = 15
At equilibrium MR = MC
145 - 0.01Q = 15
Q = 13,000
P = 145 - 0.005 × 13,000 = $80
As a person becomes more educated, the person may gain more money while working or applying to jobs and will gain more knowledge of their surroundings.
Answer: $13,700
Explanation:
From the question, we are informed that Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,100. Budgeted cash receipts total $188,500 and budgeted cash disbursements total $190,200. The desired ending cash balance is $31,100.
To attain its desired ending cash balance for January, the company should borrow $13,700.
The solution has been attached.