Assets that are difficult to sell, take time to sell, or will lose value if some prematurely.

You can now sell 70 cars per month at $35,000 per car, and demand is increasing at a rate of 4 cars per month each month. What i

Eduardwww [97]

Answer:

the fastest we could drop your price before your monthly revenue starts to drop is $2,000

Explanation:

Data provided in the question:

Cars sold per month, Q = 70 cars

Price of each car, P = $35,000

Rate of increase in demand, $\frac{dQ}{dt}$ = 4 cars per month

Now,

Revenue, R = Price(P) × Quantity (Q)

Thus,

When monthly revenue starts to drop i.e $\frac{dR}{dt}$ < 0

⇒ $\frac{dR}{dt}$ = $\frac{d(PQ)}{dt}$ < 0

or

⇒ $P\frac{dP}{dt}+Q\frac{dQ}{dt}$ < 0

or

⇒ $70\times\frac{dP}{dt}+35,000\times4$ < 0

or

⇒ $70\times\frac{dP}{dt}$ < - 140,000

or

$\frac{dP}{dt}$ < - 2,000

Hence,

the fastest we could drop your price before your monthly revenue starts to drop is $2,000

7 0

3 years ago

Sales representatives at the HomeWork Helper Appliances Store work hard to develop a close relationship with their customers and

iragen [17]

Answer: A.True

Explanation: Marketing continues up till after sales activities such as getting feedback and after sales observation and sales repair and servicing. The marketing process starts from the product development. The activities carried out by sales representatives of HomeWork Helper Appliances Store will help to push up their sales and customer satisfaction which will help them to retain customers and build more customer confidence and customer loyalty.

8 0

3 years ago

Explain how a factory assembly line is an example of specialization?

s344n2d4d5 [400]

Answer:It is

Explanation: because the line is divided in different sector. Each sector has specific operations, using specific tools and specific process. Each operation or group of operations must be done by employees or workers. Those worker also required specialized training.

3 0

3 years ago

Assuming that an investor requires a 10% annual yield over the next twelve years, how much would she be willing to pay for the r

hodyreva [135]

Answer:

the present value is $6,372.62

Explanation:

The computation of the amount that willing to pay is shown below

As we know that

Future value = Present value × (1 + rate of interest)^number of years

$20,000 = Present value × (1 + 0.10)^20

$20,000 = Present value × 3.13842837

So, the present value is

= $20,000 ÷ 3.13842837

= $6,372.62

hence, the present value is $6,372.62

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0

3 years ago

Recently the United States imposed a 35% tariff on Chinese tire imports in hopes of sustaining U.S. Jobs in tire manufacturing.T

pogonyaev

Answer:

This is an example of increasing protectionism.

Explanation:

Protectionism can be defined as an economic policy under which the government of a country limits imports in order to protect the domestic economy. The government adopts a number of actions to protect domestic industries. Some of these measures are

Tariffs
Quotas
Subsidies
Product standards

In the given example, the imposition of a 35% tariff on the imports of tires from China indicates increasing protectionism. This tariff will increase the price of Chinese tires in the US market. As a result, the buyers will prefer the domestic tires which will be cheaper.

This will help the tire manufacturing industry by increasing its demand. So their production and employment will increase as well.

3 0

3 years ago