Answer:
C. Nintendo produced a sufficient number of games to run on the Wii system
Explanation:
Nintendo Wii Launched in 2006, and as at that time, there were already some major video game players in the market like Xbox 360 and the Play Station 3.
In order to ensure dominance in the market, Nintendo decided to make available a wide variety of games for their customers.
The games made available include:
- Games from Nintendo's flagship franchises like The Legend of Zelda, Super Mario, Pokémon, and Metroid.
- Nintendo also expanded their game numbers by receiving third-party support from companies such as <em>Ubisoft, Sega, Square Enix, Activision Blizzard, Electronic Arts and Capcom</em>.
This made more games to be developed for Wii than for the PlayStation 3 or Xbox 360.
- Nintendo also brought up the virtual console service that allows users to play games developed for some other consoles on the Wii. These games were distributed over the internet, and users were able to download them to an SD card or the internal memory of their Nintendo Wii console.
Answer:
This results from a shift in the supply curve. For example, there is a severe drought that decreases the production of oranges, and therefore, the production of orange juice. The supply curve of orange juice will shift to the left, decreasing the quantity supplied at every price level. This generally increases the price of orange juice and decreases the quantity.
Answer:
B. A firm goes heavily into debt in order to obtain funds to purchase the shares of the public.
Explanation:
A leverage buyout refers to when any company purchases any other company by using entirely debt and secure that debt with the assets of the same company they are purchasing.
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Answer:
The real estate should charge $1,300 to obtain maximum profit.
Explanation:
We can make K to represent the number of unit apartment occupied.
This means that the total rent the real estate office is getting can be denoted by;
{(550 + 25(80 - K)} K - 50K
Maximizing the above equation, we have;
y = 550K + 2,000K - 25K^2 - 50K
Collect like terms
= 2,500K - 25K^2
y' = (2,500K - 25K^2)' = 2,500 - 50K
y = 0
2,500 - 50K = 0
2,500 = 50K
K= 50
Rent is therefore;
Rent = 550 + (80 - K)25, where K is 50
= 550 + (80 - 50)25
= 550 + (30)25
= 550 + 750
= $1,300
Answer:
Market development
Explanation:
Market development can be defined as a growth strategy in which an organisation decides to sell off their existing goods to a new set of potential buyers. Market development helps to improve the capability of the market by moving into different unexplored part of the market.
The first step of market development is the creation of a good promotion approach. Organizations have to look for different advertising strategies which will be used to introduce their products into the new market so as to achieve rapid sales of the product.
H&R is considering a market development growth strategy so as to tap into new market segments.
