answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OLEGan [10]
2 years ago
6

Edge inc. manufactures new, advanced camera cars and tracking vehicles used in filmmaking. the demand for these products has bee

n really high. however, the firm is facing a severe lack of resources and is unable to produce the advanced camera cars and tracking vehicles in sufficient volume. to ensure that the rate of adoption is not adversely affected, the company should:
Business
2 answers:
faltersainse [42]2 years ago
8 0
After thorough researching, if Edge inc. manufactures new, advanced camera cars and tracking vehicles used in filmmaking, then the company should develop or enhance the complementary goods. The correct answer to the following given statement above is to develop and enhance the complementary goods.
mixas84 [53]2 years ago
3 0

Group of answer choices:

A) protect the technology.

B) invest more on advertisement.

C) diffuse the technology.

D) develop complementary goods.

Answer:

The correct answer is letter "C": diffuse the technology.

Explanation:

Even if Edge Inc. is facing issues to find enough supplies to manufacture its advanced camera cars and tracking vehicles, the inconvenience must not be spread to the public because it could lower the devices' demand which would likely end up in lower revenues for the company. Thus, Edge Inc. must <em>continue advertising the technology</em> but the firm, as well, must find a new way to fulfill the consumers' demand level.

You might be interested in
SnowBlowers, Inc. is targeting consumers in the northern regions of the United States and focusing on giving consumers practical
ZanzabumX [31]

Answer: Cognitive

Explanation:

Cognitive marketing or advertisement focuses on the behavioral aspect of the customers decision inorder to improve the effective plan of the ad. This advertising methods are tied to the interest of the customer and what they can benefit from the product, these are what builds the advert and in many cases educate the consumers on why they need to purchase the product. SnowBlowers, Inc. is using cognitive method of advertisement as it focusing on giving consumers practical and functional reasons to buy its snowblowers.

4 0
2 years ago
Consider two markets: the market for motorcycles and the market for pancakes. The initial equilibrium for both markets is the sa
Tamiku [17]

Answer:

1. PES for pancakes is 2.45

2. Supply in the market for motorcycles is  less elastic than supply in the market for pancakes.

Explanation:

Price elasticity of supply is the responsiveness of quantity supplied to a change in price. it is calculated by dividing the % change in quantity supplied by the % change in price. Generally, it can be of two types:

  1. Price Elastic: Change in quantity supplied is higher than change in price. PES > 1
  2. Price Inelastic: Change in quantity supplied is lower than change in price. PES < 1

When calculated using the mid-point formula, this is the formula used:

<u>(Q2 - Q1) / [(Q2 + Q1)/2]</u>

(P2 - P1) / [(P2 + P1)/2]

1. We will now substitute the actual values of pancakes in place after identifying them from the question:

Equilibrium Quantity - 27 (Q1)

New Quantity - 109 (Q2)

Equilibrium Price - $6.50 (P1)

New Price - $10.75 (P2)

<u>(109 - 27) / [(109 + 27)/2] </u>

(10.75 - 6.50) / [(10.75 + 6.50)/2]

<u>1.21 </u>

0.493

Therefore, PES for pancakes is 2.45 (approx. two decimal places) suggesting it is price elastic.

2. In order to check whether motorcycles or pancakes are more elastic, we calculate the PES of motorcycles using the same method:

Equilibrium Quantity - 27 (Q1)

New Quantity - 61 (Q2)

Equilibrium Price - $6.50 (P1)

New Price - $10.75 (P2)

<u>(61 - 27) / [(61 + 27)/2]</u>

(10.75 - 6.50) / [(10.75 + 6.50)/2]

<u>0.77</u>

0.493

Therefore, PES for motorcycles is 1.56 (approx. two decimal places) suggesting it is price elastic. However, it is less price elastic than PES for pancakes.

One reason for this could be production time. Pancakes can be produced much faster than motorcycles. Therefore, it is more flexible to price changes.

4 0
2 years ago
As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3. Cash $5,
Georgia [21]

Answer:

1.2

Explanation:

current ratio = current assets / current liabilities

  • current assets = cash ($5,000) + accounts receivable ($15,000) + inventory ($40,000) + prepaid insurance ($3,000) = $63,000
  • current liabilities = accounts payable ($15,000) + notes payable in 5 months ($12,500) + salaries payable ($25,000) = $52,500

current ratio = $63,000 / $52,500 = 1.2

7 0
1 year ago
3. Assuming the same sales mix, at what total sales level would Pure Water be indifferent between using the old equipment and bu
Nesterboy [21]

Answer:

The question is not complete. I want to assume the correct question is this:

Crystal Clear Products produces two types of water filters. One attaches to the faucet and cleans all water that passes through the faucet. The other is a pitcher cume filter that only purifies water meant for drinking.  The unit that attaches to the faucet is sold for $90 and has variable costs of $25. The pitcher-cume-filter sells for $110 and has variable costs of $20. Crystal Clear sells two faucet models for every three pitchers sold. Fixed costs equal $1,200,000.

Assuming the same sales mix, at what total sales level would Crystal Clear be indifferent between using the old equipment and buying the new production equipment? If total sales are expected to be 24,000 units, should Crystal Clear buy the new production equipment?

Explanation:

Let b be the total sales volume at which the company's indifference is based

Let the average contribution in the old system be $80

The profit will be 80b - 1200000

Let the average contribution in the new syste, be $88

The profit will be 88b - 1408000

Now let us equate the two average contributions to get:

80b - 1200000 = 88b - 1408000

Let us find b,

88b - 80b -1408000 = -1200000

8b = -1200000 + 1408000

8b = 208000

b = 208000 / 8 = 26000 units

If total sales are expected to be 24,000 units, and the total sales volume at which the company's indifference is based 26,000 units, therefore Crystal Clear should not buy the new production equipment.

5 0
2 years ago
Which of the following is not a prohibited escrow-related activity? An escrow agent cannot disburse a real estate broker's commi
11111nata11111 [884]

Answer:

The correct option is  escrow licensees may not solicit or accept escrow instructions containing any blank to be filled in after signing or initialing.

Explanation:

Escrow agreement involves a third party managing funds belonging to two or more parties in a transaction before the funds are disbursed to them.

One of the prohibited escrow related activity is that the agent cannot disburse the commission on real estate to beneficiaries prior to closing the escrow account.

8 0
1 year ago
Other questions:
  • Which two of the four cs of credit have to do with earning potential and available cash?
    14·1 answer
  • Jenny was buying the company’s first digital copier, and she involved all of the company's department heads in the decision. Jen
    8·1 answer
  • Elfalan Corporation produces a single product. The cost of producing and selling a single unit of this product at the company's
    6·1 answer
  • A broker enters into an Exclusive Right-to-Buy contract with a purchaser. The purchaser finds a satisfactory property and makes
    14·1 answer
  • The PTA is holding a raffle. The prize is a camera worth $200. Each raffle ticket costs $5. One hundred tickets are sold and a w
    8·2 answers
  • Scenario 13-6 Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As
    9·1 answer
  • Historians remind us that standardization of components -- of interchangeable parts -- was an innovation that did not occur unti
    10·1 answer
  • A business made some changes to its processes, and its productivity increased by 25%. If it previously was able to produce 10, 0
    8·2 answers
  • Diogo has a utility function,U(q1, q2) = q1 0.8 q2 0.2,where q1 is chocolate candy and q2 is slices of pie. If the price of slic
    11·1 answer
  • Braun Company has one service department and two operating (production) departments. Maintenance Department costs are allocated
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!