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labwork [276]
3 years ago
10

While developing a new product, in the product development stage, the first versions of products are used in further consumer te

sting. These first versions of products are called
Business
1 answer:
Nonamiya [84]3 years ago
3 0

In the product development stage, the first versions of products that are used while developing a new product and in further consumer testing are called: prototypes.

A product life cycle can be defined as the stages (phases) that a particular product goes through, typically from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) main stages in the product-life cycle;

  • Introduction.
  • Growth.
  • Maturity.
  • Decline.

A prototype can be defined as the the first versions of products that are manufacture and used while developing a new product and in further consumer testing.

Read more: brainly.com/question/17151791

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mr_godi [17]

Answer:

Clothing

Explanation:

7 0
3 years ago
Suppose you buy a put option contract on October gold futures with a strike price of $1200 per ounce. Each contract is for the d
lyudmila [28]

Answer:

Strike price of October gold future = $1,200 per ounce

The exercise price = $1,180

<em />

<em>To calculate the amount that will help the investor to decide about the position</em>

Amount added to margin = (Strike price - Future price) * Delivery if each contract

Amount added to margin = ($1,200 - $1,180) * 100

Amount added to margin = $20 * 100

Amount added to margin = $2,000

Therefore, the amount of $2,000 is received. The investor has short position on future contracts to sell 100 ounces of gold in October.

7 0
3 years ago
The attainable production points on a production possibility curve are
IrinaK [193]

Answer:

Points along and inside the PPF (Production Possibilities Frontier)

Explanation:

PPC stands for Production Possibility Curve, which measures or evaluates the maximum output of the two goods and that is using the fixed amount of input.

The point on the curve states how much or amount of each good is to produced when the resources are shifted or moved from making more of one good or less of the other one.

Therefore, the attainable production points on the PPC are the points that are inside and along the production possibilities Frontier (PPF).

6 0
3 years ago
Regan company operates its factory on a two-shift basis and pays a late-shift differential of 15%. regan also pays a premium of
victus00 [196]
The <span>amount of direct labor should Regan charge to work-in-process is the wages at base direct-labor rates, which is $325,000.00.  Shift Differentials and Overtime Premiums are not included,</span>
3 0
3 years ago
Robert Necco and Nelson Packard are economists at Economic Research Associates. ERA asks Necco and Packard for their opinions ab
Lorico [155]

Answer: B) Correct Incorrect

Explanation:

Whilst it was generally believed at some point that raising taxes and Government Spending by the same amount would have no effect, research has disproven this thought.

This is because it was shown that an increase in Government Spending leads to a larger increase in GDP than an increase in taxes reduces it.

This is because when the Government spends money, the Multiplier effect of Government Spending is always 1 more than that of the Taxes therefore raising taxes and spending by the same amounts still increases the Real GDP because Government Spending will create more income than taxes will take.

Necco is right, Packard is wrong.

8 0
4 years ago
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