Whenever a product line or a product family is extended, there is a risk of cannibalization, which occurs when sales of an existing brand decline as the firm's current customers switch to the new product.
<h3>What is a new product line?</h3>
This is term that is used to refer to the offering of a new product from a line that the company has not offered previously. It is the introduction of a new product entirely to the market.
Hence we have to say that Whenever a product line or a product family is extended, there is a risk of cannibalization, which occurs when sales of an existing brand decline as the firm's current customers switch to the new product.
Read ore on cannibalization here: brainly.com/question/17772125
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Answer:
The answer is: A) some people win, some people lose, and there is a loss of economic efficiency.
Explanation:
When the government imposes a price ceiling, some consumers win since they buy cheaper products (lower than equilibrium price) but suppliers lose. Inf the government decides a price floor is better, then customers will lose and some suppliers will win (prices are higher than equilibrium price).
Both price ceilings and price floors cause deadweight loss, decreasing economic efficiency.
Answer:
1. 2006 Student
2. 4400 pesos left
Explanation:
If each student had $500 to spend and In 2002, the exchange rate of MXN/USD (Mexican pesos to U.S. dollars) was 9 and In 2006, the exchange rate was 11.
If the hotel room in Guadalajara cost 200 pesos per night in 2002 and 220 pesos in 2006 and each student spent five nights in a hotel, which student had more pesos left over:
Student A - 2002
Spent 5 nights x 200 pesos = 1000 pesos
Total pesos = $500 x 9 = 4500 pesos
Pesos left = 4500 - 1000 = 3500 pesos
Student B - 2006
Spent 5 nights x 220 pesos = 1100 pesos
Total pesos = $500 x 11 = 5500 pesos
Pesos left = 5500 - 1100 = 4400 pesos
What kind of absurd logic is that?
oh, let me not talk for a few days maybe I might end up sounding like a girl. yeah, good luck with that mate.
Answer:
it has other price po if u said like 1 pesos for 1 piece
Explanation:
stick o has a true price in the market but u can allow others to buy it for 1 pesos in 1 piece
