A. Horizontal :) remember to hit that thanks button please:)
Answer:
a) attached below
b) stable equilibria = x = 0.1 , x = 0.8
unstable equilibria = other value except 0.1 , 0.8
c) 0.5 , 0.6
Explanation:
Benefit of using the local roads = 1 + 8x - 9x^2
Benefit of using the free way = 3.6
a) Attached below is the required graph
<u>b) Determine The possible equilibrium traffic patterns from the graph </u>
stable equilibria : x = 0.1 , x = 0.8 ( this id because at these given value the benefits of using either routes is equal )
unstable equilibria : every other value of X except 0.1 and 0.8
<u>c) Determine the value of x that maximizes the total benefit to the population</u>
The value of X that maximizes the total benefit to the population = 0.5 and 0.6
attached below is the detailed solution
Answer: Cost leadership strategy
Explanation:
Cost leadership strategy is a business strategy in which a business operates at the lowest possible cost within it's industry so as to create a competitive advantage. This strategy is controlled by size, scope and cumulative experience, efficiency, etc.
Cost leadership strategy helps to :
I. Reduce the rate of competition in the market.
II. Enhance business sustainability.
III. Yield more profit for businesses.
The <u>most likely outcome</u> when a firm is thinking about adding a product to its product line is D. The new product can be advertised alongside existing products
<h3>What is product advertising?</h3>
Product advertising:
- Is a management effort geared towards creating a demand for a product.
- Promotes consumer awareness.
- Fosters consumer interest in the product.
- Encourages consumers to make purchase decisions quickly as they see the product.
Thus, most likely, adding a product to the product line will help the new product to be advertised alongside existing ones.
Learn more about product advertising at brainly.com/question/1658517
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<h3>Question Completion with Answer Options:</h3>
A. It will be difficult to manufacture the product.
B. The company will have to work hard to build up the brand.
C. The new product is certain to be accepted by the market.
D. The new product can be advertised alongside existing products.
E. It will take a long time for customers to feel loyal to the product.
