$1,329,313,293. - 70 % of what she needed.
10 % of $1,329, 313, 293 is $13,293 , 132.93.
x 2 =
$26,568,265.86. = 20 %
$1,329,313,293 - $26,568,265.86 =
$1,302 ,745,027. 14 = 50%
x 2 =
$2,605,490,054.28. = 100%
total amount needed for car - $2,605,490,054.28.
Answer:
A. Offer the product for free early on, and increase the price later.
Explanation:
Network effect occurs when the value of a product or service increases as more people use it.
For a company that believes its product will exhibit network effects and wants to get as many customers as possible to use the product,<u> it is best to offer the product for free to create a buzz around the product.</u>
This increases the chances of the people becoming aware of the product.
With time, <u>the company can increase the price of the product as people will be willing to pay for it because they consider it to be valuable.</u>
Answer:
Adjustments are made at the end of the accounting period because making them on a daily basis would be inefficient.
Explanation:
Adjusting entries are adjustments made on accounts to recognize revenue or expenses that were not properly recorded before. They are usually done at the end of the month or the end of the accounting period to balance debit and credit records.
While you record daily transactions the same day in which they occur.
Answer:
one with few substitutes
Explanation:
The higher price markup, the higher the price, the higher the cost to consumers.
If a good has few substitutes, the demand for the good is less elastic. If price is increased, there would be little or no change in quantity demanded and the sellers profit would increase.
If a good has many substitutes, the demand for the good would be more elastic. If price is increased, Quanitity demanded would fall because consumers would shift to cheaper substitutes. Sellers profit would fall.
If demand is very elastic. It means quantity demanded is very sensitive to price. If price is increased, Quanitity demanded would fall by more than the increase in price. Sellers profit would fall.
I hope my answer helps you
The correct answer for the question that is being presented above is this one: "Monopolistic competition." A market structure with a large number of sellers who make differentiated products is called monopolistic competition. Monopolistic Competition refers to a type of imperfect competition<span> such that many producers sell products that are differentiated from one another.</span>
