Answer:
b) make the demand for its product less price elastic
Explanation:
A monpolistically competitive firm is a firm that operates in an industry where there are many sellers and buyers of differentiated goods and services.
Producers advertise their goods in order to increase the demand for their goods and services.
The aim of advertising is to shift the demand curves of a firm to the right. That is, to increase demand.
Advertising shows the benefits of a products and attracts consumers. This can reduce the sensitivity of consumers to the price of the product. Therefore , advertising makes the demand for a product less price elastic.
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Answer:
apply for a scholarship, go to a community college, check out available financing options for colleges
Explanation:
Answer:
<em>Management contracting</em>
Explanation:
Contracting management is <em>a procurement route wherein the functions are built by a wide range of different contractors who have been contracted to a management contractor.</em>
The client generally appoints the Management Contractor early in the design phase to use their understanding to enhance the cost and buildability of proposals as they develop, as well as recommendation on packaging.
Answer:
The current stock price is $10.98
Explanation:
The two stage model of gordon growth will be used to calculate the pricec of stock today.
For the next two years, the dividends will be calculated and discounted back to present value while at the end of the second year, the terminal value will be calculated and discounted back to present value.
P0 = 0.6*(1+0.07) / (1+0.1) + 0.6*(1+0.07)² / (1+0.1)² + [0.6*(1+0.07)²(1+0.04)/(0.1-0.04)] / (1+0.1)²
P0 = 10.99 ≈ 10.98
Answer:
$10,000
Explanation:
Probability that Bikul wrecks the car is 0.10
loss of wrecking the car is $100000
Therefore risk of wrecking the car = Probability x loss
risk = 0.10 x 100000 = 10,000
premium can be equated with risk, hence premium = $10000