Answer:
Packaging
Explanation:
Since in the question, it is mentioned that for differentiating the product from its competitors John decided to sell its beverages in containers i.e. specially designed also you keep the juice fresh till 7 days even without refrigeration
So here the John is focused on Packaging component as he wants to make that product i.e differentiate from its competitors also he packaged the product in that way that it looks attractive by adding some special kind designs add on it
Therefore the packaging is the most appropriate option
Answer:
producers to supply more and consumers to buy less
Explanation:
In market economy a high price is a signal for consumers producers to supply more and consumers to buy less
.
<u>Since a market economy allows the free interplay of supply and demand, it ensures that the most desired goods and services are produced. </u>
<u>Since the market allows the free interplay of supply and demand, then the law of demand holds that </u>'consumers are willing to buy more at a lower price and suppliers are willing to supply more at a higher price.
Answer:
- 2017 Price Index is 100
- 2018 Price Index is 111
Explanation:
The Price Index for any given Base year is always 100. 2017 is staed to be the base year so it's price index is 100.
2018
The Student Price Index can be calculated using the formula;
SPI =
= * 100
=
= 111.21
= 111
Answer:
$ 244 million
Explanation:
Calculation for how much has GE saved in taxes by choosing LIFO over FIFO method for costing inventory
Tax rate Amount (In millions)
LIFO $ 10,315.00 35% =$ 3,610.25
FIFO $ 11,012.00 35% =$ 3,854.20
Savings in taxes $ (697.00) $ (243.95)
Hence,
Savings in taxes=$ 3,610.25 million-$ 3,854.20 million
Savings in taxes=($243.95 million)
Savings in taxes=($ 244 million) Approximately
Therefore the amount that GE saved in taxes by choosing LIFO over FIFO method for costing inventory will be $ 244 million