Each day you have $5 for lunch. Today, you decided to save $2 and buy the chicken salad tomorrow for $6.50-<u>In this case the money is being used </u>
<u>to save and store the purchasing power</u>
Explanation:
The term money can be defined as a thing that serves as
- A medium of exchange which is usually financial in nature.
- It is used by the borrower to repay back to the lender-used to repay the debt.
- It is used as an unit of accounting to measure your income and expenditure.
- It is used to store the value of money -in other words used to save the purchasing power of an individual
Thus we can say that ,
Each day you have $5 for lunch. Today, you decided to save $2 and buy the chicken salad tomorrow for $6.50-<u>In this case the money is being used </u>
<u>to save and store the purchasing power</u>
This question is about the sales strategy for online selling portal Amazon.
An Amazon seller is identifying strategy to revive its declining sales. The seller wants to maximize its revenue by adopting optimum product mix for next quarter.
The maximum profit can be calculated using the following :
maxProfit (k , profit): n = len(profit) rotate = n // 2
windowSum = float('-inf') iterator = 0
Conclusion: The products which are showing positive trend in the market should be placed visible for the next quarter. The products products profit is estimated to be equal to cost to invest which the price of product plus its launching expense.
Formula: The maximum profit a seller can achieve through this strategy is (k , profit):
n = len(profit) rotate.
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The maturity stage of the product life cycle is the longest stage, where sales peak and profit margins narrow. in this stage, new users or new uses may be added to extend the product life.
Introduction, growth, maturity, and decline are the four stages that make up a product's life cycle. Professionals in management and marketing use product life cycles to assist them to decide on advertising schedules, price points, expanding into new product markets, redesigning packaging, and more.
When sales reach their maturity stage, they start to slow down after a period of strong expansion. At this stage, businesses start lowering their prices in an effort to remain competitive against the escalating competition. The product life cycle's mature stage lasts the longest. At this time, the company has reached the peak of the demand cycle, sales growth is starting to slow down, and advertising tactics aren't doing anything to help.
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The demand for a product is likely to be more elastic if
there is a presence of more time passes which is letter c. As a demand of a
product will likely be affected with the price changes over the period of time. It is because a demand elasticity occurs when there is a
presence of change in regards to the demand for goods, such examples are the
income of the consumer.
Answer:
C) 4.2 years
Explanation:
The computation of the payback period is as follows;
As we know that
Payback Period = Initial cost ÷ Annual net cash flow
Here
Initial cost = $278000
Annual net cash flow = Incremental after tax + Depreciation per year
where,
Depreciation per year = (Original cost - Salvage value) ÷ Estimated Life
= ($278,000 - $30,000) ÷ 8 years
= $31,000
Annual net cash flow is
= $35000 + $31000
= $66000
So,
Payback Period is
= $278000 ÷ $66000
= 4.2 Years
