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Alchen [17]
3 years ago
6

A learning rate of 0.9 means each __________ of the cumulative output reduces unit costs by __________.

Business
1 answer:
lyudmila [28]3 years ago
4 0

Answer:

b. 10% doubling

Explanation:

Options are <em>"a. tripling, b. 10% doubling, c. 90% tripling, d. 90% doubling, e. 10%"</em>

In this question, 90%(0.9) learning rate means that (1-0.9)10% unit of input is reduced each time the production is doubled. In a nutshell, the learning curve percentage represents the proportion by which the amount of an input per unit of output is reduced each time production is doubled.

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Choices companies give customers of the
gizmo_the_mogwai [7]
<h2>Choices companies give customers of the features to be included on the products they purchase are known as "options".</h2>

Explanation:

Options are nothing but an enhanced version of the basic product.

There are 'n' number of examples which can be given and I am listing few.

Example 1: Shampoo

Shampoo is the basic product, adding on to it with little conditioner effect and fragrance enhance the existing model and customer likes the enhanced feature / option.

Example 2: Automobile products

A basic automobile with rear mirror, seat cover, carpets, etc to attract customer.

Example 3: Mobile phones

Almost all the customers look mainly for the features and they get attracted towards the purchase only by reading the features.

Features are added to keep the product live in the market.

7 0
2 years ago
A producer has indicated to a potential client that the proposed life insurance policy is covered by the Massachusetts Life and
Ksivusya [100]

There are lot of people involved in production. The action taken by the producer is prohibited by law.

<h3>Which  actions is considered to be an unfair trade practice?</h3>

Unfair business practices are said to be any kind of misrepresentation, untrue advertising or depiction of a good or service,  noncompliance with the terms of manufacturing standards, etc.

The action of the producer is prohibited because it is not the right thing to do and also not backed up by law.

Learn more about Producers from

brainly.com/question/8806324

5 0
2 years ago
1. What's NOT an assumption we usually make about costly products and services?
zloy xaker [14]

Answer:

B

Explanation:

I would assume the correct answer would be B. This is because when you go to a store you typically assume the higher cost item is of higher quality then the lower cost item. For example: One may buy a yeti cooler over an igloo cooler because the very high price tag makes them feel as if the cooler is just that much better then the competitor. If correct please mark brainliest.

3 0
2 years ago
An entrepreneur purchased an existing bicycle shop that had between $120,000 and $150,000 worth of sales annually for the past t
stepan [7]

Answer:

Forecasted sales: 25% maximum reduction.

Recommendations: try new ways to increase sales during the months left, or reduce its own cost.

Explanation:

  • If sales usually increase between March 1 and June 30, and this period accounts for 50% of annual revenue, if revenue is proportional to sales, a reduction in sales will reduce revenues.
  • Between March 1 and June 30 there are 4 months.
  • If sales usually pick up in March and this year they were low until the beggining of May, it means that  only 2 of the 4 most productive months were higly productive.
  • If 50% of sales are concentrated in this 4 months, and this year 2 of the 4 months were not really productive, a maximum 25% of sales (and hence of revenues) may have lost.
  • Therefore, revenues may lower by 25% this year.
  • To avoid losses, it is advisable to try new ways to increase sales during the months left, that can consist on doing some advertisement and promotions (related to health care linked to exersice for example), that helps increasing sales in the months left, to compensate the looses of the 2 months. If sales cannot be increased, it is advisable to reduce cost to avoid further looses.
6 0
3 years ago
Monopolists want to protect their market position by – potential competitors. A common tactic is to lobby for –, such as –. Such
mixer [17]

Answer:

restricting the entry; trade restrictions; import tariffs; rent-seeking; monopoly

Explanation:

Monopolists want to maximize their profits by keeping the potential competitors out of the market. For restricting the entry of potential firms they adopt the practice of lobbying for trade restrictions which restrict entry. One such restriction is importing tariff which will reduce competition from foreign products. Such lobbying can be defined as a form of rent-seeking which means using political means to secure monopoly position.

8 0
3 years ago
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