Explanation:
1- One of the pieces of advice I could give the customer about lowering the balance sheet price is that this could generate different interpretations for the potential consumer, as there may be a perception that the price reduction of the product occurred due to the loss of product quality in relation to competing products.
2- There are other effective strategies for managing an economic crisis in addition to a direct reduction in the retail price, such as the psychological price strategy, which are the marketing techniques used by salespeople so that consumers respond emotionally to the product, and not a logical way, which generates a perception of greater benefit for the consumer, which can lead to increased sales without having to lower the price of the product.
After the trade the other island has a total of 150 coconuts and 1300 fish.
<h3>What do you mean by the comparative advantage?</h3>
Comparative advantage refers to the maximization of the efficiency of the economy and its well being by focusing on the production of those resources, which country can produce and exports them in the exchange of those goods, which a country does not produce.
One can have the comparative advantage at production if it could produce the goods at lower cost as compare to the others.
Here, both the islands focus only on the making of the thing they're best at doing.
Learn more about the comparative advantage here:-
brainly.com/question/13221821
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Answer:
$575,000 for patent 1 only
Explanation:
Patent 1 Patent 2
Purchase price 500,000 200,000
Legal & filing Fees 25,000 20,000
Legal fees for successful defense 50,000 0
Total Capitalization Cost 575,000 0
Only patent 1 will be capitalized with value of $575,000 as its right was successfully defended. Where as the patent 2 will not be capitalized as it is useless and has no value at year end.
