1. b, the price mechanism would adjust itself in a free market
2. c, they sell almost identical products
Answer:
total amount deposit at end of every 6 month is $445.37
Explanation:
Future value required= 4000
Total 6 months Period in 4 years (n) = 4*2 = 8
Interest rate 6.56% or 0.656 compounded Semiannual
semiannual interest rate (r) =0.0656/2= 0.0328
Future value of annuity formula = P *{ (1+r)^n - 1 } / r
4000 = P*(((1+0.0328)^8)-1)/0.0328
4000= P* 8.98
P = $ 445.37
total amount deposit at end of every 6 month is $445.37
Answer:
e) the name failed to suggest the product benefits.
Explanation:
International Business Machine (IBM) is an American computer company that is well known for its computers and computing devices.
The launch of PCjr had low sales most probably because the name failed to suggest the product benefits. Prospective customers failed to find out any of the product benefits from the name. When IBM made the PCjr public, it was meant to be a cheaper alternative to the more successful PC and because of the brand name it was given "PCjr", customers were at a loss if the product was very inferior to the PC and as such were not convinced to buy the product.
The PCjr was also expensive for its specifications and had 512kb memory which wasn't sufficient to run some applications within the machine such as word processing.
