A good is produced using $160 in imported inputs.
The current domestic price of the good is $200. For each of the following cases, find the level of effective rate of protection.
a. The nominal tariff rate on the good is 10%, and there is no tariff on the inputs.
b. The nominal tariff rate on the good is 10%, and there is a 10% tariff on the inputs.
c. The nominal tariff rate on the good is 0%, and there is a 10% tariff on the inputs.
Answers
a. In this case, since there is no tariff on the inputs, the effective rate of protection is equal to the nominal tariff rate on the good, which is 10%.
The effective rate of protection measures the impact of tariffs on the domestic production of a good. When there is no tariff on the inputs, the domestic price of the good remains unaffected by the tariff. Therefore, the effective rate of protection is equal to the nominal tariff rate on the good itself, which is 10% in this case.
b. In this case, with a 10% tariff on both the goods and the inputs, the effective rate of protection can be calculated as follows:
The effective rate of protection = (Domestic price - World price) / World price
The domestic price of the good is $200, and assuming the world price without tariffs is $200 - (10% of $160) = $184.
The effective rate of protection = ($200 - $184) / $184 ≈ 8.7%
With a 10% tariff on both the goods and the inputs, the domestic price of the goods increases due to the tariff on the inputs. The effective rate of protection is calculated by comparing the domestic price with the world price, adjusted for the tariff on the inputs. In this case, the effective rate of protection is approximately 8.7%.
c. In this case, with a 10% tariff on the inputs but no tariff on the good, the effective rate of protection can be calculated as follows:
The effective rate of protection = (Domestic price - World price) / World price
The domestic price of the good is $200, and assuming the world price without tariffs is $200 - (10% of $160) = $184.
The effective rate of protection = ($200 - $184) / $184 ≈ 8.7%
Even though there is no nominal tariff on the good itself, the effective rate of protection is still influenced by the tariff on the inputs. The increase in the cost of imported inputs due to the tariff affects the domestic price of the good, resulting in an effective rate of protection of approximately 8.7%.
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Related Questions
following elasticity is always positive:price elasticity of demand price elasticity of supply cross-price elasticity of demand
Answers
The following elasticity is always positive:
- Price elasticity of demand
- Price elasticity of supply
- Cross-price elasticity of demand
Elasticity is a measure of the responsiveness or sensitivity of the quantity demanded or supplied to changes in price or other factors. In all three cases mentioned, the elasticity coefficients are typically expressed as absolute values, which means they are always positive.
Price elasticity of demand measures the percentage change in quantity demanded divided by the percentage change in price. It provides information on how sensitive the quantity demanded is to changes in price. Similarly, price elasticity of supply measures the percentage change in quantity supplied divided by the percentage change in price, indicating the sensitivity of the quantity supplied to price changes.
Cross-price elasticity of demand measures the percentage change in the quantity demanded of one good divided by the percentage change in the price of another related good. It helps determine whether goods are substitutes or complements.
In all cases, since the elasticities are expressed as absolute values, they are always positive regardless of the direction of change in price or quantity.
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Each member of your team has suggested a unique project idea to work on. You are aware that selecting one randomly could create conflict in the team. What would you suggest to ensure that the final project idea is selected with least resistance and is accepted by all?
Answers
To ensure the selection of a final project idea with the least resistance and acceptance by all team members, I would suggest the following approach:
Seek input from stakeholders: If applicable, involve stakeholders such as supervisors, clients, or external partners in the decision-making process. Their input can provide valuable insights and help in selecting a project idea that aligns with organizational goals and meets external expectations.Facilitate open communication: Create a safe and inclusive environment where team members can openly discuss their project ideas. Encourage active participation and ensure that everyone has an opportunity to express their thoughts and concerns.Establish selection criteria: Develop clear and objective criteria to evaluate the project ideas. These criteria should align with the team's goals, objectives, and requirements. Examples of criteria could include feasibility, alignment with team objectives, potential impact, resources required, and timeline.Collaborative decision-making: Instead of relying solely on a single person to make the final decision, involve the entire team in the decision-making process. Encourage collaborative discussions, brainstorming sessions, and debates to analyze the strengths and weaknesses of each project idea.Consensus-building: Aim for consensus among team members by finding common ground and areas of agreement. Encourage constructive dialogue and active listening to understand each team member's perspective. Look for opportunities to integrate aspects of different project ideas into a cohesive and mutually acceptable solution.Voting or ranking system: If reaching a consensus becomes challenging, consider implementing a voting or ranking system. Each team member can vote or rank the project ideas based on the established criteria. This approach allows for individual preferences to be considered while ensuring a democratic decision-making process.Compromise and flexibility: Emphasize the importance of compromise and flexibility. Encourage team members to be open to modifying their project ideas or finding ways to combine elements from different proposals. This approach promotes collaboration and increases the likelihood of finding a solution that satisfies the majority.By following these steps, the team can navigate the project selection process with minimal resistance and increase the chances of reaching a consensus that satisfies all members. It promotes a collaborative and inclusive approach, fostering a positive team dynamic and enhancing the chances of project success.
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In a discussion post of 1 paragraph of 4 to 6 sentences per question, discuss and answer ALL 3 of the following questions:
Which trends are reshaping the business, micro-economic, and macro-economic environments and competitive arena?
Identify a business that is leading the way in reshaping business.
Briefly explain how that business is leading the way in reshaping business.
Answers
Tesla's disruptive approach to the automotive industry, fueled by advanced technology and sustainability initiatives, has positioned the company as a trailblazer in reshaping business and driving the transition towards a more sustainable and electric future.
A business that is leading the way in reshaping business is Tesla, Inc. Tesla is at the forefront of the electric vehicle (EV) industry and has significantly impacted the automotive sector. The company's innovative approach to EV technology, coupled with its commitment to sustainability, has revolutionized the automotive landscape.
Tesla's leadership in reshaping business can be attributed to several factors. Firstly, their focus on developing and producing high-performance electric vehicles has challenged the traditional notion that EVs are less desirable than traditional gasoline-powered cars. Tesla's models, such as the Model S, Model 3, and Model X, offer cutting-edge technology, long-range capabilities, and exceptional performance, setting a new standard for the industry.
Furthermore, Tesla's visionary CEO, Elon Musk, has been instrumental in reshaping the business landscape. Musk's bold vision and relentless pursuit of innovation have not only positioned Tesla as a leader in the EV market but have also inspired other companies to accelerate their efforts in electric and sustainable transportation.
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according to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by _____.
Answers
According to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by adjusting the price of the product. Penetration pricing strategy involves setting a lower price for the product than the competition to draw in consumers and acquire a larger market share.The goal of penetration pricing is to attract customers and gain market share quickly.
The product's price is deliberately set low, with the expectation that revenue will be generated by increased sales volume rather than by the price per unit.Market penetration pricing is a method of setting low prices to break into a new market or increase market share. It is most commonly used in situations where there is little or no competition, where the product is easily substitutable,
and where the cost of producing additional units is minimal. Additionally, the pricing strategy provides the company with information about consumers' willingness to pay for the product.The goal of market penetration pricing is to gain market share quickly by drawing in consumers who might otherwise be hesitant to try a new product or who might have been loyal to a competitor's brand in the past.
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Which trade organization is responsible for 90% of the world?.
Answers
Answer:
WTO world trade organisation
Explanation:
please rank the countries in terms of their military expenditures, where data is as of the year 2007. United states United kingdom Italy Japan Russia
Answers
The rank of the countries in terms of their military expenditures, where data is as of the year 2007 are:
United states - 1 - $547 billionsUnited kingdom -2 - $59.7 billionsJapan -5 - $43.6 billionsRussia -7 - $35.4 billionsItaly -9 - $33.1 billionsWhat does it mean to spend money on the military?Data on military spending from SIPRI is sourced from the NATO definition, which covers all current and capital spending on the armed forces, including peacekeeping troops, as well as spending by defense ministries and other government organizations on defense-related initiatives.
To keep economic connections productive in a specific area, peace is necessary. However, achieving this peace will require expenditure on the military. Military investment increases military might. Aggressors are deterred by this power.
Therefore, note that It covers the costs of military activities, including planning and training, equipment maintenance, and the majority of the military healthcare system (separate from outlays made by the Department of Veterans Affairs).
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Kevin, a real estate broker, sold a property and received a 6-1/2% commission. Kevin gave the listings broker 30% of the commission, or $3,575. What was the selling price of the property?
Answers
Answer:
the selling price of the property is $183,333
Explanation:
The computation of the selling price of the property is as follows:
= (Price ÷ commission percentage) ÷ ( commission percentage)
= ($3,575 ÷ 30%) ÷ (6.5%)
= $183,333.
Hence, the selling price of the property is $183,333
We simply applied the above formula so that the correct value could come
5. Imagine you are buying a new guitar. Describe how you would make the purchase using the
research-based approach
Answers
Answer:
What I would do is make sure it is a good quality item and see if it is worth my money after that I would go to the cashier and buy my product.
Explanation:
At the time of purchasing a new guitar, or any new thing, the purchase would be made by keeping a few things in mind, like the quality of the product, usage of the product, whether it is worth investing that amount or not, and many more.
What is a research-based approach?A research-based approach is one in which the search for any material, text, or anything done for exploring things that are relevant and important also carries interesting questions and challenges.
One can use a research-based approach in any segment, like learning new things, investing money, purchasing any asset, and many more.
Therefore, while purchasing a new guitar, quality, usage, and other things can be found with the help of a research-based approach.
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Question 7
Using the Forest Ecosystem food web again, what would happen if the wrens went extinct?
O The grasshoppers would increase
O the falcon population would increase
the squirrel population would increase
O the grass would increase
Answers
If the wrens went extinct in the Forest Ecosystem food web, the grasshopper population would likely increase. Wrens are predators of grasshoppers, and their absence would remove a key control on the grasshopper population.
An increase in the grasshopper population could lead to increased competition for resources with other herbivores, which could affect the populations of other organisms in the food web. However, it is not likely to have a significant impact on the populations of the falcon, squirrel, or grass as these organisms are not directly connected to the wren in the food web.If an organism is removed from the food chain, it spoils the flow of energy and nutrient in the ecosystem. It disrupts the balance of the food chain. As a result, the organisms which depend on others for food will die due to starvation.
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What is an example of a digital asset?
O A. Cash
OB. A framed photograph
OC. Real estate
O D. Company reward points
Answers
An example of a digital asset is: B. A framed photograph.
What is digital assets?Digital assets can be defined as any item that are digitally kept in which the assets tend to add value to the owner of it.
Framed photography is considered a digital assets based on the fact that it is an image that tend to add value to the owner of it.
Some of the example of digital assets are:
LogosAnimationsDigital painting etcTherefore we can conclude that the correct option is B.
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Answer:
Company reward points
Explanation:
Use these graphics to answer the question.
An association of medical researchers examined exercise trends among adults.
pls help need an answer fast
Which ratio shows the relationship between the total percent of people who exercised in 2014 to the percent of adults ages 18–24 who exercised in 2016?
47:42
58:45
48:59
48:50
Answers
The ratio that represents the relationship between the total percent of people who did exercise in 2014 compared to the the percent of adults ages 18–24 who exercised in 2016 is 48:59.
What is a ratio?A ratio is the comparison of two figures, this can be done with the past data, or can be done with the budgeted or any competitor. In the example given the data is compared with the past data, base year is 2014 and the current year is 2016.
The ratio that is calculated represents that the total percentage of people were 48% in 2014 and the adults in 2016 as a total represents a percentage of 59% and therefore the ratio is 48:59.
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When cash from operating activities is presented using the indirect method, net income must be adjusted for increases and decreases in balance sheet accounts that relate to
Answers
The name which is given to the process where cash from operating activities is presented using the indirect method and the net income must be balanced is:
Indirect Cash Flow MethodAccording to the given question, we are asked to state the name which is given to the process where cash from operating activities is presented using the indirect method and the net income must be balanced.
As a result of this, we can see that this is called Indirect Cash Flow Method because here, the cash flow can be deduced by checking and making some calculations on the net income from the transactions which were not done in cash.
Therefore, the correct answer is Indirect Cash Flow Method
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any improvement you make to real estate will increase its value. select one: a. true b. false
Answers
b. false
Not all improvements made to real estate will necessarily increase its value. While certain improvements can indeed enhance the value of a property, such as renovations, additions, or upgrades that improve functionality, aesthetics, or energy efficiency, there are also cases where improvements may not have a significant impact on the property's value.
The value of real estate is influenced by various factors, including location, market conditions, supply and demand, economic factors, and the preferences of potential buyers. Additionally, the quality and suitability of the improvements, as well as the overall condition of the property, can also affect its value.
It is important to consider factors such as market trends, buyer preferences, and the potential return on investment before making improvements to real estate with the intention of increasing its value.
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These jeans are made in Mexico, assembled in the US and retail for $150, but the profit differs considerably depending on whether they're sold online or at a physical store.
OFFLINE
Cost of goods sold
$45
Cost of goods sold
$45
Store payroll 27.00
Freight to retail store 4.50
Rent 22.50
Marketing 15.00
Other retail costs 12.00
Profit
$24.00
16%
ONLINE
Cost of goods sold 45.00
Free standard
shipping & returns 10.00
Warehouse/fulfilment 5.00
Operating costs
(softwaremaintenance) 30.00
Marketing
15.00
Profit
$45.00
30%
1. Excluding the cost of goods sold, what is the largest expense for a business selling jeans
offline and online?
Answers
Answer:
Offline store: $27.00
Online Store: $30.00
Explanation:
For offline store, the other biggest expense is payroll. Payroll refers to wages and salaries paid to employees.
The store payroll is $27.00
For the online store
The other biggest is the operating cost( software maintenance) at $30.00
is sueing someone for 50,000 dollars for no reason an example of integrity because recently a neighbor in my neighborhood was being rude and then continued to say that people who are not like him do not have integrity... (before get further in just know this guy smokes weed and get drunk like every day and also know one of my other neighbors works for selling houses in my neighborhood) he then sues one of my neighbors who sells houses for no reason and for 50,000 dollars. So...is this integrity lol also let me know if I should tell more crazy stories in my life on brainly lol.
Answers
Answer:
ohExplanation:
.............................
Two years ago, rhonda received a gift of 100 shares of common stock from her parents. the fair market value of the stock on the date of the gift was $80 per share. her parents had purchased the stock four years earlier at $60 per share. rhonda sold this stock for $102 per share last week. what was rhonda's per-share basis in the stock when it was sold
Answers
Rhonda's per-share basis in the stock when it was sold was $80 per share.
What is the tax basis of an asset?Rhonda's per-share basis in the stock sold refers to her cost tax basis. The tax basis of an asset is the amount of capital investment when computing for tax purposes.
The purchase or cost tax basis may be higher or less than the sale tax basis.
When the purchase tax basis is higher than the sale tax basis, it gives rise to a capital loss and vice versa.
Thus, Rhonda's per-share basis in the stock when it was sold was not $60 or $102 but $80 per share.
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an obnoxious car dealer or appliance salesperson yelling at the camera in a tv commercial is using which questionable persuasive strategy?
Answers
an obnoxious car dealer or appliance salesperson yelling at the camera in a tv commercial is Irritation advertising.
Why is advertising irritating?Consumers believe that the most bothersome advertisements are those that interfere with how a user receives information.Actionable advice: People won't have the patience or time to deal with your adverts when they're eager to learn something.especially with those that are challenging to close.Offensive advertising is advertising that violates advertising laws and ethics.This advertising is a result of the competition among advertising companies for public recognition, originality, and creativity.Most commercials elicit absolutely no response.Ads that no one finds offensive don't work, and advertising tactics that don't cause conflicts within your management team are typically not worthwhile.To learn more about advertising refer,
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The impact of Furman v. Georgia (1972) was that states had to
promise to use the death penalty only with approval from the Supreme Court.
throw out the old Miranda warning and write a new one.
agree to throw out all state laws regarding crime and impose national standards.
create clear standards to be applied fairly before imposing the death penalty.
Answers
Answer: D.create clear standards to be applied fairly before imposing the death penalty.
Explanation: The answer it's right there
The impact of Furman v. Georgia (1972) was that states had to
create clear standards to be applied fairly before imposing the death penalty.The Furman v. Georgia caseThis was a case that had to do with the cruel and the unusual way that people faced in the death penalty.
The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.
It ruled that the eight amendment was being violated if used in this way.
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which of the following statements about the relationship between congress and the executive branch is best illustrated by the bar chart?
Answers
Option c: The budget process enables Congress to check the power of the executive branch is best illustrated by the bar chart.
A bar chart or bar chart is a visual representation of a group of data, consisting of vertical or horizontal rectangular bars that are the same length as the measure of the data.
Variable amounts are displayed on either axis, and all plotted bars have the same width. In addition, the other axis shows the scale of the variable. These graphs are also used to compare different numbers, as the height or length of the bars represents the value of the variable. Bar charts make it easier to collect data, display frequency tables, and make calculations easier.
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Complete question:
Which of the following statements about the relationship between Congress and the executive branch is best illustrated by the bar chart?
A The budget process shows how the president is able control the policy agenda of Congress.
BThe executive departments are able to use discretionary power to increase their funding.
C The budget process enables Congress to check the power of the executive branch.
DThe executive departments operate independently of congressional oversight.
A payment of $950 scheduled to be paid today and a second payment of $1,240 to be paid in nine months from today are to be replaced by a single equivalent payment. What total payment made today would place the payee in the same financial position as the scheduled payments if money can earn 4.25%?
Answers
To determine the equivalent single payment that would place the payee in the same financial position as the scheduled payments, we need to calculate the present value of both payments and find their sum.
The payment today of $950 is already in present value form since it is scheduled to be paid today.
The payment of $1,240 to be paid in nine months from today needs to be converted to its present value. We can use the formula for present value (PV):
PV = FV / (1 + r)^t,
where PV is the present value, FV is the future value, r is the interest rate, and t is the time period.
In this case, the future value (FV) is $1,240, the interest rate (r) is 4.25%, and the time period (t) is 9 months.
Converting 9 months to years, we have t = 9/12 = 0.75 years.
Calculating the present value of the second payment:
PV2 = $1,240 / (1 + 0.0425)^0.75 ≈ $1,193.35.
To find the equivalent single payment that would place the payee in the same financial position, we add the present values of both payments:
Equivalent Single Payment = PV1 + PV2 = $950 + $1,193.35 = $2,143.35.
Therefore, a total payment of $2,143.35 made today would place the payee in the same financial position as the scheduled payments if money can earn 4.25%.
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Question 5 of 10
How does the fractional reserve banking process add money into an
economy?
O A. By preserving the value of deposits while loaning deposited
money to others
O B. By making sure that all loans are repaid by the borrower's next
payday
O C. By giving banks the right to print money during periods of
economic emergency
D. By ensuring that banks maintain reserves covering all of their
deposits
SUBMIT
Answers
Answer:A
Explanation:
Answer:
A. By preserving the value of deposits while laoning deposited money to others.
Explanation:
I Got it right on my test.
If a simple interest investment of 80$ earns 20$ total interest over 4 years, what was the annual rate?
Answers
The annual interest rate is 6.25%. This is calculated by dividing the total interest of $20 by the principal amount of $80 multiplied by the time period of 4 years. The resulting rate represents the percentage at which the investment grows annually. In this case, the investment earned 6.25% interest per year over the 4-year period.
To find the annual interest rate, we can use the formula for simple interest:
Interest = Principal * Rate * Time
Given that the principal (P) is $80, the total interest (I) is $20, and the time (T) is 4 years, we can rearrange the formula to solve for the rate (R):
Rate = Interest / (Principal * Time)
Substituting the given values, we have:
Rate = $20 / ($80 * 4)
Rate = $20 / $320
Rate = 0.0625
The annual interest rate is 0.0625, or 6.25%.
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Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is too late to call or text his teacher. what what is the best option for Jackson?
Decided not to print the document
Provide negative feedback to office online
Type a question in the "tell me what to do" box
View accessibility options
Answers
Answer:
Type a question in the “Tell me what you want to do” box.
Explanation:
Did the test myself and got it right.
Answer:
click the tell me what to do box
Explanation:
As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes before you learn how strong demand is for homes in this large neighborhood. There is a 60 percent chance of low demand and a 40 percent chance of high demand. The corresponding (inverse) demand functions for these two scenarios are P = 300,000 – 400Q and P = 500,000 – 275Q, respectively. Your cost function is C(Q) = 140,000 + 240,000Q. How many new homes should you build, and what profits can you expect?
Answers
The number of new houses that will be built is 200 while the profit is $13860000.
From the information given, the expected demand function will be:
= 60% × (300000 - 400Q) + 40% × (500000 - 275Q)
= 380000 - 350Q
Therefore, P = 380000 - 350Q
Since profit is the difference between the revenue and cost. This will be:
= (380000 - 350Q) × Q - (140000 + 240000Q)
Therefore, maximizing the profit will be:
380000 - 350 × 2Q - 240000 = Q
Q = 200
Therefore, profit will be:
= (380000 - 350Q) × Q - (140000 + 240000Q)
= (380000 - 350 × 200) × 200 - (140000 + 240000 × 200)
= 13,860,000
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Can anybody please provide at least 2 reasons for:
1. Why adopted children should know their biological parents' identities
2. Why adopted children shouldn't know their biological parents' identities
Thanks for anybody who helps! And please ASAP!!!!!!!!
Answers
1. Why adopted children should know their biological parents' identities
- it creates a kind of reunion among the involved parties include the children, the biological parents, and the adopted parents
- they can locate and reunate if they want to, once they have grown up
2. Why adopted children shouldn't know their biological parents' identities
- they might get hurt by trying to find the truth
- if they know that they were just adopted they can feel less of themselves even though the adopted parents love them with all their hearts
Clay and Myra just bought a home. Based on where they are in the property ownership life cycle, which tax-related item is likely to be of the most interest to them?
- Capital gains
- Depreciation
- Mortgage interest deduction
- Points deduction
Answers
For the duration of their home-buying process, Clay and Myra will pay a tax on capital gains. For the tax year 2023, long-term capital gains will be taxed at rates of 0%, 15%, and 20% depending on provisions dealing and taxable income.
What is the tax rate on capital gains?For the income year in which the asset is sold, it is due. For the tax years 2022 and 2023, overall long-term capital gains rates are 0%, 15%, and 20% of the income, depending on the filer's income. Annual adjustments are made to the income ranges.
What can I do to prevent owing capital gains tax?Minimizing or avoiding capital gains tax, Make long-term investments. Profit from tax-deferred retirement programs, offset earnings with capital losses, Observe your holding times and choose your cost base.
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Before :110 After :143 percentage percentage
Answers
Answer:
19%
Explanation:
A business would like to increase the overall demand for its newest product.
According to the law of demand, what should the business do?
A. Decrease the product's supply
B. Increase the product's price
c. Decrease the product's price
D. Increase the product's supply
Answers
If the demand for the new product increases so here the business prefers option c. Decrease the product's price
Information regarding the law of demand:The law of demand shows an inverse relationship between the price and the quantity demanded. If the price of one product is increased so the demand should decrease. And, if the price of the one product should be decreased so the demand should increase.
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Answer:
B
Explanation:
PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS
Answers
With the help of online research, write a short report on “glocalization.”
Answers
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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