Answer:
The correct answer is more inelastic; more elastic.
Explanation:
Inelastic demand is that demand that is not very sensitive to a change in price. In this way, before a variation in the price the quantity demanded reacts in a less than proportional way. For example, if the price increases by 10% and in response the quantity demanded is reduced by less than 10%, then the demand is said to be inelastic.
The elasticity of demand, also known as the elasticity-price of demand, is defined as the percentage change of the quantity demanded before a percentage change in the price.
An elastic demand is that demand that is sensitive to a change in price. In this way, a small variation in the price causes a more than proportional change in the quantity demanded. Thus, for example, if the price increases by 10% and in response the quantity demanded is reduced by more than 10%, then the demand is said to be elastic.
<h3>Hello there!</h3>
Your question asks what innovation Dollar Shave Club is using to disrupt the existing market they're currently in.
<h3>Answer: C. Business model innovation</h3>
The reason why answer choice "C. Business model innovation" would be the correct answer is because this is what Dollar Shave Club is doing to get business.
With their business model, they're showing customers that even though there are many other shaving brands out there, they should choose them because of what they're offering to its customers.
Their business model is a $5 monthly subscription that sends the customer a package of shaving goods, while other shaving companies aren't doing what they're doing.
With their subscription, they're showing customers that they should choose their business out of the other shaving businesses out there.
<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
Answer: c) 71 and 63
Explanation:
Country ratings based on weight and ratings scale;
Taiwan
= (0.15*85 + 0.15*85 + 0.2*70 + 0.1*85 + 0.4*30)
= (12.75 + 12.75 + 14 + 8.5 + 12)
= 60
Thailand
= (0.15*95 + 0.15*20 + 0.2*65 + 0.1*50 + 0.4*70)
= (14.25 + 3 + 13 + 5 + 28)
= 63.25
Singapore
= (0.15*40 + 0.15*95 + 0.2*75 + 0.1*85 + 0.4*70)
= (6 + 14.25 + 15 + 8.5 + 28)
= 71.75
Vietnam
= (0.15*30 + 0.15*20 + 0.2*55 + 0.1*50 + 0.4*60)
= 4.5 + 3 + 11 + 5 + 24
= 47.5
Best options would be Singapore followed by Thailand
Answer:
Fixed-ratio; variable-ratio
Explanation:
Paul’s telephoning is reinforced on a fixed-ratio schedule, whereas Michael’s is reinforced on a variable-ratio schedule.
A fixed ratio reinforcement schedule: They are a set number of responses that must occur before the behavior is rewarded. This means the number of responses to be exhibited by an individual in order to be rewarded is fixed.
Fixed-ratios are better used to optimize the quantity of output.
Variable ratio reinforcement schedule: The number of responses needed for a reward varies. This implies that the number of responses to be rewarded varies according to requirement. It is a partial reinforcement.
Answer:
d. 5 years
Explanation:
* Assuming Simple payback has been asked in the question rather discounted.
Initial Cost = $2,000,000
Cash inflows = $400,000 per year
Interest rate = 12%
Payback = Initial cost / Cash inflow
Payback = $2,000,000 / $400,000 per year
Payback = $2,0 / $4 per year
Payback = 5 years
So, the payback period of this equipment is 5 years.