Initial price = $0.88 (Jan. 1980)
Final price = $2.11 (Jan. 2015)
Change in price = $2.11 - $0.88 = $1.23
Percentage rise in price = 100(1.23/0.88) = 139.8% ≈ 140%
The average yearly rise in price = 139.8/(2015-1980) ≈ 4%
Answer:
Total percent rise in price = 140%
Average yearly rise in price = 4%
BlackBerry, which gained significant market share in the early 2000s in the business, government, and consumer markets, lost market share because "competitors offered phones with better designs and more features".
<u>Option:</u> B
<u>Explanation:</u>
The causes BlackBerry struggled are:
- They were unable to innovate quickly enough. Apple and all the Android phone manufacturers released their phones with new operating system and physical shapes.
- That was a major disruption in the market for cell phones and BlackBerry did not follow.
The company after Chen took over BlackBerry in late 2013 to concentrate more on apps. In 2016, the team stopped manufacturing its own branded phones and is now depending on suppliers to do so. The organization now provides a lot of its software and services revenues, as well as licensing, to big corporations.
Two constraints to maximizing profit are cost of production and consumer demand.
Consumer demand is essential for revenue. Competition and budget can affect demand and put constraints to profit maximization. Cost of production can constraint profits maximization too because the higher the cost of raw material, the higher the cost of production will be, which in turn will affect the price of the product. This increase in price can also affect the demand.
The answer is then D.
Answer:TRUE
Explanation: A bid is a proposal made by a supplier or contractor to another Organisation who wants to the service or the product of the bidder. A bid is usually requested from different parties and it is contested by the bidders any successful bidder wins the Project or contract.
A bid that is signed by the automatically becomes binding and can be tendered in the court as a legal document.
Answer:
$7,000
Explanation:
The insurance company will actually save some money, but I doubt that your company does. We can assume that the seminar will be paid by the insurance company and it costs $15,000. After watching that seminar, accidents should decrease by 25% of an equivalent to = $88,000 x 25% = $22,000
Since the insurance company will save $22,000 with the seminar and the cost of the seminar is $15,000, its net gain = $22,000 - $15,000 = $7,000
