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gladu [14]
2 years ago
9

Packaging and labeling not only provides benefits for the consumer, but if done successfully in a way that puts a firm in a favo

rable position compared to its competitors, it can provide ______ for the firm.
Business
1 answer:
Black_prince [1.1K]2 years ago
6 0

Packaging and labeling, in addition to benefiting the final consumers, also provides a <u>competitive advantage</u> for the firm.

<h3>What are packaging and labeling?</h3>

Packaging and labeling are the processes of designing and developing suitable packages for the enclosure of products and providing some instructions and suggestions for product usage.

While packaging focuses on the product's appearance, labeling is mainly concerned with the product's description.

Thus, packaging and labeling, in addition to benefiting the final consumers, also provides a <u>competitive advantage</u> for the firm.

Learn more about packaging and labeling at brainly.com/question/25909529

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Billy Dan and Betty Lou were recently married and want to start saving for their dream home. They expect the house they want wil
zhannawk [14.2K]

Answer:

Billy Dan and Betty Lou have to invest $11,551 each year to purchase their dream home at the end of 12 years

Explanation:

The requirement of this is missing, that is provided below

How much will Billy Dan and Betty Lou have to invest each year to purchase their dream home at the end of 12 years? Assume an interest rate of 10 percent.

Use the following formula to calculate the amount of yearly investment.

Cost to purchase the house = Annual investment x ( 1 + Interest rate )^numbers of years ) - 1 ) / interest rate

Where

Cost to purchase the house = $247,000

Interest rate = 10%

Numbers of years = 12 years

Annual investment = ?

Placing values in the formula

$247,000 = Annual investment x ( 1 + 10% )^12 ) - 1 ) / 10%

$247,000 = Annual investment x 21.384284

Annual investment = $247,000 / 21.384284

Annual investment = $11,550.54

Annual investment = $11,551

Hence, they have to invest $11,551 each year to be able to purchase the house for cash in 12 years.

3 0
2 years ago
Below table represents buyers’ willingness to pay for a roasted chicken and consider that there is only one supplier whose cost
frez [133]

Answer:

$13

Explanation:

total consumer surplus = ($10 - $6) + ($7 - $6) = $4 + $1 = $5

total supplier surplus = ($6 - $2) x 2 units = $4 x 2 = $8

total surplus in the market = consumer surplus + supplier surplus = $5 + $8 = $13

Since the price is higher than Chuck's willingness to pay, no transaction will occur resulting in 0 surplus.

3 0
3 years ago
Bridges, shopping centers, and other jobs that take months or years to complete and involve the work of many are called ______.
s344n2d4d5 [400]

Bridges, shopping centers, and other jobs that take months or years to complete and involve the work of many are called Project

What is project?

A project is any endeavour that is carefully planned to accomplish a specific goal, whether it is done alone or with others. It may also involve research or design.

An alternate perspective describes a project as a series of connected tasks that must be completed within specific time, budget, and other constraints.

To learn more about Project

brainly.com/question/25009327

#SPJ4

3 0
1 year ago
The information security function can be placed within the
Furkat [3]
Records or flash drive
3 0
3 years ago
What is a subsidy wedge? the combined reduction in consumer surplus and producer surplus that results from a subsidy the amount
solmaris [256]

Answer:

the difference between the price that sellers receive and the price that buyers pay, resulting from a subsidy government cheese.

Explanation:

In Economics, subsidy can be defined as the amount of money or benefits such as tax reduction given by the government to sellers in order to sustain production and enable the buy to continuously purchase the product.

A subsidy wedge can be defined as the difference between the price that sellers receive and the price that buyers pay, resulting from a subsidy government cheese.

8 0
3 years ago
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