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musickatia [10]
2 years ago
3

Chris Smith owns a store that sells all-terrain vehicles (ATVs). In the past, Chris just sold one version of each of the ATVs he

sold in his showroom, but to increase sales, Chris now sells a low-end, a medium-priced, and a high-end version of each of the ATVs he sells. Chris's new strategy is called a(n) ________ strategy.
Business
1 answer:
vazorg [7]2 years ago
6 0

Answer:

product line extension strategy.

Explanation:

A product line extension strategy is an approach to developing new products for your existing customers or for prospects who do not currently buy from you. Extending a product line involves adding new features to existing products, rather than developing completely new products. This can reduce the cost of product development as well as increase opportunities to grow your revenue.

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U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0)
MatroZZZ [7]

Answer:

f(t) = \int 0.82 t +1.14 dt

f(t) = \frac{0.82}{2}t^2 +1.14 t +C

Where C is a constant, now using the initial condition we got:

f(2)= 5.9 = 0.41 (2)^2 + 1.14*2 +C

And solving for C we got:

C= 5.9 -0.41(4) -1.14*2 = 1.98

And the function desired for the advertising revenue would be given by:

f(t) = 0.41t^2 1.14t +1.98

With f the amount in billions and the the years since 2002 to 2006.

Explanation:

For this case we have the following function who represent the revenue grew rate:

r(t) = 0.82t +1.14 , 0 \leq t \leq 4

And we want to calculate the Advertising revenue so we need to integrate the function r(t) and we can use the inidital condition t=0 , f(2)= 5.9 billion.

If we integrate the function we got:

f(t) = \int 0.82 t +1.14 dt

f(t) = \frac{0.82}{2}t^2 +1.14 t +C

Where C is a constant, now using the initial condition we got:

f(2)= 5.9 = 0.41 (2)^2 + 1.14*2 +C

And solving for C we got:

C= 5.9 -0.41(4) -1.14*2 = 1.98

And the function desired for the advertising revenue would be given by:

f(t) = 0.41t^2 1.14t +1.98

With f the amount in billions and the the years since 2002 to 2006.

5 0
2 years ago
Guardian security, inc., and hedge fund corporation enter into an oral contract under which guardian security agrees to provide
Shkiper50 [21]
The contract may be enforceable by either Guardian Security or Hedge Fund. So, either of the two is enforceable regarding the contract they have agreed. The contract are enforceably by both of the parties. So the answer in this question is either Guardian Security or Hedge Fund. Contract is a written agreement by two or more parties.
7 0
2 years ago
Determine what paul will have to pay on an annual bases for his $449,000 home if his insurance company is charging him $0.41 per
dusya [7]

Answer:

He has to pay the insurance company=$1840.90

Explanation:

Value of his home=$449,000

Insurance company charges $0.41 per $100 of value in his home

Number of $100's in $449,000=449000/100=4490

They charge 0.41 for every $100=4490×0.41= $1840.90

He has to pay the insurance company=$1840.90

4 0
2 years ago
Bubba is a shrimp fisherman who catches 4,000 pounds of shrimp per year. He can sell the shrimp for $5 per pound. His average to
Galina-37 [17]

Answer:

Bubba’s annual total revenue is c. $20,000

Explanation:

Revenue is the total amount that comes from sales, regardless of cost.

Bubba catches 4,000 pounds and sell them for $5 per pound, so the total amount (revenue) he receives from selling them is 4,000 * 5 = $20,000

Note: The information about the $3 cost is not necessary to calculate revenue

8 0
2 years ago
Jake is a highly qualified individual he recently had an interview for the position of the bank manager the interview went well
gtnhenbr [62]
The most likely based on the options available is that he had a poor credit score (Answer B). As he was interviewing for a bank manager position, it's likely the bank would only want to hire staff with a good credit history.
8 0
2 years ago
Read 2 more answers
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