Answer:
The entrepreneur should start the new business.
Explanation:
The reason is that the total cost of the competitor is at $8 which includes $7 variable cost per unit and $1 fixed cost. Whereas on the other hand, the total cost $6 of the new business is composed $5 and $1 assumed fixed cost because the only cost we are provided is variable cost. This shows that the company has a competitve advantage of $1 in controlling the cost of the product. So the company must start the new business as the new business has better chances to attract customers and form relations with new customers depending upon the price differences which the competitor is unable to do so.
Answer:
spread positive word of mouth
Explanation:
Reginald knows his regular customers create repeat business and spread positive word of mouth. This means that the repeat customers leave happy and tell their friends about the great experience they had at Reginald's restaurant. This creates enthusiasm in the repeat customers' friends which in term causes them to go to Reginald's business and try the food. This creates more repeat customers and increased profitability for Reginald's business.
Answer:
for (i = 0; datasamples[i] < NUM_POINTS ; ++i) {
if(datasamples[i] < minVal) {
datasamples[i] = datasamples[i] * 2;
}
}
Explanation:
In this particular problem, we are trying to look at each value in the datasamples array, and double it. This calls for the use of an index variable.
The index variable will keep track of the position within the array as we move from left to right. Starting on the left, at index 0, we will move right until we are at the end of the array.
++i takes care of incrementing the index variable each time the loop runs. This is what moves through the array.
The termination condition checks whether if we have iterates all values in the array. Once you've gone past all the values in the array the index variable is pointing all the way at the end.
As soon as the termination condition is false the loop will stop executing. So we will want to run your code while i (the index variable) is less than the size of the array (datasamples.length).
Once you've figured out the for loop bounds, simply check your conditional with an if-then statement before updating the values:
Answer:
d. more than in the fourth year
Explanation:
In a ten-year install plan, the interest portion in the installment gradually decreases because the outstanding amount decrease with the payment of installment.
The installment has two portions
- Interest Payment on the outstanding amount
- Principal payment
The interest is charged on the outstanding amount of the loan. As the installment is paid the principal portion reduces the outstanding amount of the loan. The interest portion of the installment decreases gradually and the principal portion of the installment increases.
There is a higher payment of interest in the early installment payments that gradually decreases.
The interest payment made in the third year will be higher than the interest payment made in the fourth year
