Answer:
Substitute goods
Explanation:
Substitutes goods are products that can be used in place of one another. Consumers will be happy consuming either of the substitute goods. Therefore, substitute goods are similar and offer solutions to similar customer problems. Examples of substitute goods are tea and coffee.
If the price of one substitute good decreases, its demand will rise. Customers will prefer consuming that product over its substitutes due to its lower prices. The demand for other substitute goods will decrease as customers prefer the more affordable options.
So your down payment would be 70,000 (which is 350,000 X .2)
So you would be financing 280,000
Using the payment function
PV= 280,000
R= .036/12
N = 15*12= 180
Your payment would be: 2,015.45
Answer: Prepare the research report..
Explanation:
The Market Research Process enables a company to check if their strategies are wiring in the business Environment. It checks by collecting, analysing and interpreting data to come up with meaningful conclusions that can be acted on to improve the company's standing.
When the Managers were able to determine during the Research into Go-gurt that their marketing strategy was missing the key benefits of the product, it had to be during the preparation of the research report. In this stage the analyzed data can then be made conclusions on and this was where the Managers were able to see that indeed the marketing strategy employed was missing the key benefits of the product.
C: Americans purchased many consumer goods on credit
Hopefully this helps.
In recent years, both China and India have seen rapid economic growth and urbanization as their populations have grown larger. While these changes have helped many citizens reach middle-class status, the one significant area negatively associated with this expansion is that the amounts of environmental pollutants have increased.
<h3><u>Why economic groth causes pollution ?</u></h3>
- Economic expansion is linked to environmental degradation in the initial phase. At this point, the expansion of industry in less developed nations results in higher production of goods requiring a lot more energy and higher emissions of pollutants.
- Due to increased environmental awareness, adjustments in production, and tighter environmental restrictions, the tendency of environmental degradation steadily diminishes with the expansion of services and knowledge-based, technology-intensive sector.
- One may get the conclusion that economic growth in China and India appears to be inevitable. It is necessary for the continued growth of the nations and wealth of the local populace.
- On the other side, it may also be accompanied with a wide range of environmental issues and a decline in the state of the nation's health.
- Both nations have made the decision to pursue more economic development in the hopes that it will spare them from a humanitarian and environmental catastrophe.
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