The experience curve suggests that cutting prices is a good strategy if it can induce greater demand and thereby help a firm travel down the experience curve faster.
A. if it can induce greater demand and thereby help a firm travel down the experience curve faster.
Explanation:
The experience curve is a graphical representation expressing the relationship between the experience in producing a product and efficiency of production.
The concept of experience curve was first developed by Bruce D. The experience curve depicts that increase in experience of production of the product can cause reduction in price of production of the product. The price reduction of the good can cause increase in demand.
Gaining the experience in the business can help in increasing the advantage over the competition.
Answer:
In 1920, she was a co-founder for the American Civil Liberties Union (ACLU). In 1931, she became the first American woman to be awarded the Nobel Peace Prize, and is recognized as the founder of the social work profession in the United States.
Explanation:
Born: September 6, 1860, Cedarville, Illinois
Works written: The spirit of youth and the city st...
Building: Jane Addams Hull-House Museum
Organization: American Sociological Association
Answer:
Correct answer: "Democracy"
Explanation:
Democracy is a governmental plan that permits people to express their political choices.
Democracy is very important, it gives people the chance to show their option and vote for someone they trust, it it avoids the minority from dictate the rules to the majority.
Everyone has an equal opportunity to affect the decisions that influence all society.
Answer:Jack cannot bring in oral agreement as evidence because of what is stated in the parol evidence rule.
Explanation:The parole evidence rule state that when an agreement between two parties has been legally signed by both parties and has been completed no more alterations or modifications can be written again on the agreement.
The term of Integration clause explains to us that the contract was completed by both parties because this is what is used at the end of a contract.
What is the correct answer if that is not? My answer choices are:
A) Fiscally responsible individuals would not take the risk of investments.
B) Most investments have a guarantee of high returns in a short period of time.
C) Individuals delay the satisfaction from purchases now for possible greater returns later.
D) Investments give individuals greater returns now rather than delaying the satisfaction until a later date.
The limitations to the right to freedom of expression of the media may assist in promotingpublic safety by making a punishment for anyone that raise false alarm about security issue.
Freedom of expression serves as the ability of an individual or group of individuals to freely express their beliefs and thoughts.
Freedom of expression helps to be free from government censorship, however people can misuse the freedom.
Learn more about Freedom of expression at;