The type of business entity evident in the given information is a joint venture.
Two advantages of a joint venture like Jamalco are:
Shared resources Risk sharingHow are nationalized and private companies different ?A nationalized corporation refers to a company that was originally in the private sector but has been taken over or acquired by the government. In this case, the government takes control of the company's ownership, management, and operations.
A private limited company, also known as a private corporation, is a type of business entity where the ownership is held by private individuals or entities. It is a separate legal entity distinct from its owners, and the liability of shareholders is typically limited to their investment in the company.
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you are the manager of a monopoly, and your demand and cost functions are given by p = 300 – 3q and c(q) = 1,500 2q2, respectively. a. what price–quantity combination maximizes your firm’s profits?
The price and quantity combination that maximizes the company's profit is:P = 300 - 3q = 300 - 3(30) = 210And Q = 30 units.The price-quantity combination that maximizes the firm's profit is (P = 210, Q = 30 units).
As a manager of a monopoly, the price and quantity combination that maximizes your company's profits are given byA monopolistic firm maximizes its profit by producing the quantity at which marginal cost equals marginal revenue (MC=MR).Where p = 300 - 3q and c(q) = 1,500 + 2q²We can use the following expression to derive the marginal revenue for the company;MR = d(TR)/dqAnd we know that Total Revenue is given by the expression TR = p * q.Using the chain rule for differentiation, we can derive the following expression for marginal revenue;MR = dp/dq * q + p * dq/dqMR = -3q + 300 - 3qMR = 300 - 6qThe expression for Marginal Cost, MC is obtained from the expression for the Cost function, c(q);MC = dc/dqMC = 4qThe profit function is given by the difference between total revenue and total cost;Profit = TR - TCTo derive the profit-maximizing quantity, we differentiate the profit function with respect to q, set it to zero, and solve for q;Profit = TR - TCC = 1,500 + 2q²TR = p * qTR = (300 - 3q)qProfit = TR - TCC = (300 - 3q)q - [1,500 + 2q²]Profit = 300q - 3q² - 1,500 - 2q²Profit = - 5q² + 300q - 1,500d(Profit)/dq = 0d(-5q² + 300q - 1,500)/dq = 0-10q + 300 = 0q = 30 unitsTherefore, the price and quantity combination that maximizes the company's profit is:P = 300 - 3q = 300 - 3(30) = 210And Q = 30 units.The price-quantity combination that maximizes the firm's profit is (P = 210, Q = 30 units).
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Ugar has relocated a production firm to a country that has lower production costs, and is closer to his customers. What type of advantage does this offer Ugar's firm
The advantage offered to Ugar by relocating their production firm is a reduction in the cost of doing business.
What advantage does Ugor gain?When Ugor relocated to the country that has a lower production cost, it means that they will spend less to produce their goods and services.
He will also spend less on transporting his goods to his customers. These reduced costs mean that his cost of doing business has reduced.
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Fox Co. has identified an investment project with the following cash flows. Year Nm7 Cash Flow $ 570 430 840 1,230 a. If the discount rate is 10 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the present value at 18 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the present value at 24 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Present value $ 2,344.76 1,937.54 b. Present value $ Present value
a. If the discount rate is 10%, the present value of these cash flows can be calculated as follows:
Year Nm7 Cash Flow Present Value of Cash Flows
PV = CF/(1+r)^n
Present Value of Cash Flows 0 - $ 0.00 1 $ 570.00 $ 518.18 2 $ 430.00 $ 348.69 3 $ 840.00 $ 622.09 4 $ 1,230.00 $ 864.80
The sum of the present value of all the cash flows equals $ 2,344.76. Hence, the present value of these cash flows is $ 2,344.76, when the discount rate is 10 percent.
b. If the discount rate is 18%, the present value of these cash flows can be calculated as follows:
Year Nm7 Cash Flow Present Value of Cash FlowsPV = CF/(1+r)^n
Present Value of Cash Flows 0 - $ 0.00 1 $ 570.00 $ 483.05 2 $ 430.00 $ 308.09 3 $ 840.00 $ 450.60 4 $ 1,230.00 $ 619.38
The sum of the present value of all the cash flows equals $ 1,861.12. Hence, the present value of these cash flows is $ 1,861.12, when the discount rate is 18 percent.
c.If the discount rate is 24%, the present value of these cash flows can be calculated as follows:
Year Nm7 Cash Flow Present Value of Cash Flows
PV = CF/(1+r)^n
Present Value of Cash Flows 0 - $ 0.00 1 $ 570.00 $ 459.68 2 $ 430.00 $ 250.67 3 $ 840.00 $ 324.39 4 $ 1,230.00 $ 384.15
The sum of the present value of all the cash flows equals $ 1,418.90. Hence, the present value of these cash flows is $ 1,418.90, when the discount rate is 24 percent.
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describe the two ways you can earn money when you invest in a company’s stock.
Answer:
through capital appreciation or dividends
Explanation:
from investing in shares, a person can expect to earn through capital appreciation for example on the gains made on by the capital when share prices rise
____The _______the down payment, the ______you have to borrow.
A.Smaller, less
B.More, more
C.More, less
D.Less, less
Answer: C.More, less
Explanation:
When you have much to do with money and it resolves you to borrowing, the more the down payment, the less you have to borrow. Having more would make you not to borrow much for the situation.
according to michael porter, there are five determinants of competition. an example of is when new entrants to an industry put pressure on prices and profits. a. threat of entry b. rivalry between existing competitors c. pressure from substitute products d. bargaining power of buyers e. bargaining power of suppliers 5 points
A. According to Michael Porter, the theory of entry describes how new competitors exert pressure on pricing and earnings.
On May 23, 1947, Michael Eugene Porter, an American academic known for his theories on economics, business strategy, and social factors, was born. He is one of the founders of both the consulting company The Monitor Group and the social impact consultancy FSG. He is also the Bishop William Lawrence Professor at a university at Harvard Business School.
Porter's theory states that profit comes from power. The size of a company's moat, market share, or both of these variables taken together boosts its capacity to extract profits from competitors, suppliers, and customers.
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indicate whether each statement below is true or false. the keynesian cross model is another name for the aggregate expenditures model. a. mpc=1
mpc=1 is false statement.
The equilibrium level of real GDP is determined by the point at which the total or aggregate expenditures in the economy are equal to the amount of output generated, according to the expenditure-output model, often known as the Keynesian cross diagram.
The ratio of the percentage change in consumption to every rupee change in income is known as the marginal propensity to consume. As a result, there cannot be more than one since the percentage change in consumption when there is a change in the level of income cannot be more than the change in income.
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People in the same _____ tend to have similar attitudes, live in similar neighborhoods, dress alike, and shop at the same type of stores.
social class
reference group
culture
lifestyle group
People in the same social class tend to have similar attitudes, live in similar neighborhoods, dress alike, and shop at the same type of stores.
The correct option is A .
In general , Social class refers to a grouping of individuals in a society based on their relative socioeconomic status, such as income, occupation, education, and wealth. People within the same social class share common experiences and values, which influence their behaviors and preferences, including their consumption habits and brand choices.
Also, Marketers often use social class as a segmentation variable to target specific groups of consumers with relevant marketing messages and products.
Hence , A is the correct option
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Workplace diversity describes differences among workers in any of the following areas:
attitude
education
ethnicity
industry
Answer:
industry because here based the all the business in whole world
Rule-of-thumb budgeting is budgeting that's popular with the hospitality and tourism industry because it's so effective.
true
or
false
Twelve years ago, an investor bought a certain number of shares of stock for which he paid p 100 per share. at the end of each year, for the next 6 years, he received dividends of p 20 per share. thereafter he received p 10 per share at the end of each year for the next 6 years. if he sells this stock now at p 90 per share, what rate of return will he receive?
The investor will sit at a rate of return of around 170% overall in the given condition.
Who is an investor?A person who engages money into one or more classes of investment with an intention to earn monetary returns is known as an investor. In the given condition, the returns of the investor will be calculated as:
\(\rm Returns= Dividend\ for\ 12\ Years- Capital\ Loss\\\\\rm Returns= (120+60)-(10)\\\\\rm Returns= 170\)
Thus, the value of total portfolio of the investor will be p 270 and the rate of return will be calculated as 170%.
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Does the United States have a crime "problem" compared to other advanced and industrialized nations? Why or why not?
Why are the definitions of crime and criminal behavior critically important to political entities? Explain.
Assessing whether the United States has a crime "problem" compared to other advanced and industrialized nations is a complex matter that requires careful analysis and consideration of various factors. It is essential to recognize that crime rates and their comparison can be influenced by numerous socio-economic, cultural, and demographic factors.
Here are some points to consider:
Crime Rates: When evaluating crime levels, it is crucial to examine various crime indicators, such as violent crime rates, property crime rates, or specific types of offenses. Comparative analysis should consider the specific types of crimes and the frequency at which they occur.
Data and Reporting: Comparing crime rates across nations can be challenging due to differences in reporting practices, data collection methodologies, and legal definitions. Variations in crime reporting and recording practices can affect the accuracy and comparability of crime statistics.
Socio-economic Factors: Crime rates are influenced by socio-economic factors such as poverty, income inequality, unemployment rates, educational attainment, and social welfare systems. These factors can vary among countries and have an impact on crime levels.
Cultural and Demographic Differences: Cultural and demographic factors, including population density, diversity, social norms, and attitudes towards crime, can also affect crime rates. These factors can differ significantly among nations, leading to variations in crime levels.
Regarding the definitions of crime and criminal behavior, they are critically important to political entities for several reasons:
Legal Framework: Definitions of crime form the foundation of a country's legal system. They define what actions are considered unlawful and provide guidelines for law enforcement, the judiciary, and the criminal justice system to identify, prosecute, and punish offenders.
Consistency and Fairness: Clear and precise definitions of crime ensure consistency and fairness in the application of laws. It helps prevent arbitrary or discriminatory enforcement and ensures equal treatment under the law.
Public Safety and Order: Defining criminal behavior helps protect public safety and maintain social order. By identifying and categorizing certain behaviors as crimes, governments can establish rules and regulations that help deter individuals from engaging in harmful actions and protect citizens from harm.
Resource Allocation: Accurate definitions of crime assist in resource allocation for law enforcement, judicial processes, and correctional systems. It enables governments to focus their efforts and resources on combating specific types of criminal behavior based on their severity and impact on society.
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Kentucky Fried Chicken (KFC) and MacDonalds are good examples of companies that engage in international franchising arrangements. Discuss why the KFC franchise in Ghana is such a great idea for the parent firm KFC in the United States of America, [5 MARKS]
Kentucky Fried Chicken (KFC) and MacDonalds are good examples of companies that engage in international franchising arrangements.
Discuss why the KFC franchise in Ghana is such a great idea for the parent firm KFC in the United States of America.Kentucky Fried Chicken (KFC) is the world's most renowned fast-food franchise, and it has now extended its operations to Ghana.
The parent firm, KFC in the United States of America, has done the right thing by franchising in Ghana for the following reasons:
1. Ghana's economic potential: Ghana's economy has shown incredible growth potential over the years, making it one of the most rapidly growing economies in Africa. As a result, there is a high demand for fast food and other consumer goods. The parent firm KFC in the United States of America, recognizes that Ghana is a fertile market for investment.
2. Opportunity for Growth: Ghana is one of the few African countries that have an established middle class, which has a substantial demand for Western food and beverages. The franchise in Ghana, thus, represents an excellent opportunity for KFC to grow and capture market share.
3. Competitive edge: KFC is one of the most recognized fast-food franchises globally, and it has an established presence in many countries worldwide. The franchise in Ghana gives the parent firm KFC in the United States of America a competitive advantage in the West African region over rival fast-food chains who have yet to establish a foothold.
4. Operational Efficiency: The KFC franchise in Ghana is a great idea for the parent firm KFC in the United States of America because the franchising model allows for cost-efficient operations.
The franchise in Ghana will be run by local franchisees who have a better understanding of the Ghanaian market, customer preferences, and cultural aspects. This operational efficiency ensures that the franchise maintains KFC's quality standards while being cost-efficient.
5. Revenue Growth: The KFC franchise in Ghana represents a new source of revenue for the parent firm KFC in the United States of America. The franchise is a source of royalties, franchise fees, and licensing fees, among others. This franchise model enables the parent firm KFC in the United States of America to generate income without incurring significant capital expenditures, such as building and operating its restaurants.
Therefore, the KFC franchise in Ghana is such a great idea for the parent firm KFC in the United States of America due to the reasons mentioned above.
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Mallory is an avid collector of antiques. In fact. she spends practically every weekend traveling to small towns and antique shops in search of unique antique treasures. For Mallory. antiques are a perfect example of a:
A) convenience product.
B) shopping product.
C) supplemental product.
D) influential product.
E) specialty product.
Antiques are a perfect example of a specialty product. The answer is OPTION E.
The goal of the introduction phase is to raise product awareness and encourage your target market to think about you before making a purchasing choice. Due to substantial costs associated with distribution and promotion but low sales, the initial stage is rarely profitable.
Value-based pricing, also known as value optimized pricing and charging what the market will bear, is a method of setting prices that, while not entirely, bases them on the customer's perception of the worth of a good or service rather than on its actual cost or previous selling prices. The answer is OPTION E.
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during which phase is a relatively high volume of work programmed to build general fitness?
The phase during which a relatively high volume of work is programmed to build general fitness is called the "Preparatory Phase" or the "General Preparation Phase."
This phase typically occurs during the off-season, when athletes have more time to focus on building a strong foundation of general fitness. The goal of this phase is to increase overall work capacity and develop the basic physical qualities needed for sport-specific training later on.
The volume of work is generally higher during this phase, with a focus on endurance, strength, and mobility. This phase is important for building a strong base that will support more intense and sport-specific training in the later phases of the training cycle.
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how Is productivity determined?
a.by measuring The relationship to inputs and outputs
b. by comparing the profitability of competing markets
c. by measuring the relationship between supply and demand
d. by comparing the number of hours worked by all employees
Answer:
a. by measuring The relationship to inputs and outputs
Explanation:
Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.
Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.
What would Jamie Lee's financial liability have been had she waited more than two days to report the debit/ATM card lost or stolen
Explanation:
If Jamie notifies the bank within 2 days of the lost card , her liability for unauthorized would be $50.
Jamie Lee's as the account holder is financially responsible for any form of transfers or withdrawals that has or will be made from their accounts and until He report the theft, he will be liable to all withdrawals.
What is a Checking Account:A checking account is known to be a kind of bank account that is often used by people as a deposit account.
The usual amount deposited by them in this account is known to be used for paying bills and other form of purchases.
Base on the fact above, Jamie Lee's would be liable for his financial liability because she had waited for more than two days to report her debit/ATM card lost or stolen and as such any theft that happen within those two days on her account is her fault.
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Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,400. Cashreceipts are expected to be $641,000 and cash payments for purchases are expected to be $608,500.Other cash expenses expected are $27,000 selling and $33,500 general and administrative. The companydesires a minimum cash balance at the end of each month of $30,000. If necessary, the companyborrows enough cash to meet the minimum using a short-term note. The amount Webster must borrowduring April is:A) $0.B) $21,600.C) $8,400.D) $98,900.E) $58,000.
Answer:
Webster Corporation
Amount to borrow in April
B) $21,600.
Explanation:
a) Webster Corporation
Cash Budget for the month of April
Beginning Cash balance $36,400
Cash receipts 641,000
Total receipts $677,400
Cash expenses:
Purchases $608,500
Others 27,000
Selling & Admin. 33,500 669,000
Balance 8,400
Borrowing 21,600
Minimum cash balance $30,000
b) Webster's cash budget for April shows that it needs to borrow $21,600 in order to meet the minimum cash balance of $30,000. This is because the company does not generate enough cash in April to pay for expenses and meet minimum requirements for cash balance every month. The preparation of Webster Corporation's Cash Budget is a way of planning for the occurrence of the cash shortage that necessitated the borrowing.
In the petroleum and coal products industry, the total purchases/sales ratio is 80%, while in the food industry it is about 60%. Explain what these numbers mean. Of what significance is this number for a supply manager in a company in each of these industries?
In the food industry, a total purchases/sales ratio of 60% suggests that a smaller portion of the company's sales revenue is used for purchasing raw materials.
For a supply manager in the petroleum and coal products industry, a total purchases/sales ratio of 80% indicates that a significant portion of the company's sales revenue is being used to cover the cost of purchasing raw materials, such as petroleum and coal. This suggests that the company has a high reliance on external suppliers for its raw material needs.
This could mean that the company has a higher degree of self-sufficiency in terms of producing or sourcing raw materials internally. The supply manager should focus on maintaining efficient production processes, managing inventory levels, and ensuring product quality to optimize the overall supply chain.
In both industries, the total purchases/sales ratio provides insights into the financial health of the company and its supply chain management. It helps supply managers understand the level of reliance on external suppliers and the potential impact of fluctuating raw material prices on the company's profitability.
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Gordon is over 65 what is his adjusted gross income
Answer:
huh
Explanation:
hbybibhbil
What does making a good decision mean?? How can I make a good decision?
Answer:
A good decision is one that is made deliberately and thoughtfully, considers and includes all relevant factors, is consistent with the individual’s philosophy and values, and can be explained clearly to significant others.
Ways to make good decision:
Set Aside Time to Reflect on Your MistakesStop Thinking About the ProblemFrame Your Problems In a Different WayIdentify the Risks You TakeTake Note of Your OverconfidenceTalk to Yourself Like a Trusted FriendLabel Your EmotionsAcknowledge Your ShortcutsConsider the OppositeIn for peny, in for a pound , taking care of the rands and cents
Answer:
l don't understand the question you ask
Following the scenario in the last question, explain how interest rates react to the increased money supply. For full credit, analyze the changes in the short-run and long-run, and draw the graphs illustrating each effect.
The increase in the money supply leads to a higher nominal interest rate, but it does not affect the real interest rate.
In economics, the money supply refers to the total amount of money in circulation within an economy. Changes in the money supply affect interest rates in both the short and long run. An increase in the money supply leads to a decrease in interest rates. Here is a detailed analysis of how interest rates react to the increased money supply in both the short run and long run.Short run effect: An increase in the money supply leads to a decrease in interest rates in the short run because the demand for money increases relative to the supply of money.
The increased supply of money in the economy leads to a higher level of demand for goods and services, which leads to a rise in the price level. In the short run, the supply of loanable funds is fixed, so the increased demand for money lowers the equilibrium interest rate.The graph below illustrates the short-run effect of an increase in the money supply on interest rates. The demand for loanable funds shifts to the right from D1 to D2. This leads to an increase in the quantity of loanable funds supplied from Q1 to Q2.The equilibrium interest rate falls from r1 to r2.
Long run effect: In the long run, the increase in the money supply leads to a higher level of inflation, which leads to an increase in the nominal interest rate.
The nominal interest rate is the actual rate of interest charged for a loan, while the real interest rate is the nominal rate adjusted for inflation. An increase in the money supply leads to a decrease in the real interest rate in the short run, but in the long run, the real interest rate is not affected by changes in the money supply.The graph below illustrates the long-run effect of an increase in the money supply on interest rates. An increase in the money supply leads to a higher level of inflation, which leads to an increase in the nominal interest rate from r1 to r2. However, the real interest rate remains unchanged at r* because it is determined by the underlying economic conditions, such as productivity and technology.Therefore, the increase in the money supply leads to a higher nominal interest rate, but it does not affect the real interest rate.
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A business plan example
-My Example-
Answer:
Mia's Glazed Donut Shop
Explanation:
1. Business Description
Mia's Glazed Donuts specializes on gluten-free donuts. There is no chance of cross-contamination for anyone with celiac illness or gluten allergies because we only sell gluten-free donuts.
2. Company Description
The bakers who make the dough, fry, and glaze the donuts are the most important personnel. Customers' orders are handled by the cashiers at the cashier register. The store manager ensures that the store runs efficiently and that each transaction receives high-quality customer service.
3. Target Market
Individuals with celiac disease or gluten allergies are the target market for Mia's Glazed Donut Shop. There are few gluten-free breakfast alternatives in the Boston region, especially one that serves donuts. It's challenging to make gluten-free donuts with a fluffy consistency and texture. We've mastered our doughnut recipe and 10 different glaze formulations in our gluten-free kitchen.
4. Products and Services Line
We have ten different glaze options for gluten-free donuts. Our donuts are $2.10 each, and our freshly brewed coffee is $3.05.
Neoclassical economists generally believe which of the following about human behavior?A)While individuals attempt to make rational decisions, poor computational skills often lead to systematic errors.B)People care a lot about fairness and are often willing to sacrifice some of their own well-being to treat others fairly.C)When individuals make mistakes in decision making, they adjust to these errors and rarely repeat them.D)When individuals are selfless and act for the good of others, the invisible hand guides the collective behaviors to promote the good of society.
Neoclassical economists generally believe option A) While individuals attempt to make rational decisions, poor computational skills often lead to systematic errors.
Neoclassical economists adhere to the concept of rationality in economic decision-making. They assume that individuals aim to make rational choices based on their preferences and available information. However, they acknowledge that cognitive limitations, including poor computational skills, can lead to systematic errors in decision-making.
These systematic errors are often referred to as behavioral biases, which can cause individuals to deviate from perfectly rational behavior. Neoclassical economists recognize that individuals may not always make optimal choices due to cognitive constraints, emotional influences, or imperfect information.
Therefore, option A accurately reflects the belief of neoclassical economists regarding human behavior in economic decision-making.
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(1 point) 20. Samantha, who is the vice president of the marketing department, has asked you to prepare a positioning map for her presentation to the board
Answer:
Answer: You are preparing a map that shows consumer perceptions of the company's brand versus the competition's products.
Explanation:
While preparing a positioning map, one needs to prepare a map that shows consumer's perception of the company's brand against the competitive product in the market.
What is a positioning map?Positioning map is a tool commonly used by people who are marketing or working with the product they are trying to market. The idea is that everyone perceives a particular product differently. Positioning map helps the organization in knowing the actual position of the brand in the competitive marketplace.
What do you mean by consumer's perception?Customers' awareness, impressions, and views about your business, products, and brand are referred to as "customer perception." Multiple factors influence customer perception, including direct and indirect experiences with your services.
What is a brand?A brand refers to an intangible concept of marketing or business world that allows people to recognize a firm, a product, or a person. A product, business, or person's brand is how those who interact with it are perceived.
What is competitive product?Any good or service created, acquired, sold, or distributed by the company is regarded as a competitive product if it directly or indirectly competes with, is strikingly similar to, or reasonably replaces any good or service in the company's analysis, evolution, or style.
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Which of the following would NOT be a reason for Bic to decide to compete in Mont Blanc’s market?
a. Bic’s reputation would be detrimental when competing in Mont Blanc’s target market.
b. Bic’s marketing department isn’t geared to addressing Mont Blanc’s target market.
c. Bic is a large publicly traded company with significant financial resources.
d. Bic’s manufacturing facilities would need to be retooled to compete in Mon Blanc’s target market.
e. Bic’s distribution capabilities are not well designed to reach Mont Blanc’s target market.
E. BlC’s distribution capabilities are not well designed to reach Mont Blanc’s target market is the reason for bic to decide to compete in Mont Blanc’s market.
BlC S.A., typically known as BlC and stylized as BlC, is a production business enterprise primarily based totally. It sells a world-main emblem of lighters and pens on account that its founding via way and a competitive quantity of shaving goods. BlC has approaches of distributing its products in the region: through our subsidiaries and distributors.
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how to figure out if a comapny is a monopoly an oligopoly monopolistically competitve or perfectly competitive
In a monopolistic market, there is only one company that has complete market dominance and sets the prices and levels of supply for goods and services whereas a perfectly competitive market is made up of numerous firms.
Companies are price makers in a monopolistic market because they set the prices for goods and services. Prices for goods and services are typically high in this type of market because businesses enjoy complete market dominance.
Buyers are aware of the nature of the goods being offered and the prices each firm charges, and the industry is characterized by freedom of entry and departure. In a completely competitive market, all firms sell the same product and are price takers.
The market is dominated by a small number of large suppliers in an oligopoly. Other less significant suppliers with a minor fraction of the oligopoly market share are possible. Oligopoly may stock, produce, or differentiate identical or similar goods.
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why might digital media be more effective than television ads?
The digital media is more effective than television ads because the platform fosters communication between the user and company and also ensures immediate feedback.
Let understand that medium of Digital media includes social media, software, digital video, digital images, web pages, websites etc
The advert on digital media such as social media platforms is more effective over television ads because digital media fosters communication between the brand and consumer.
The advert on digital media also facilitates immediate feedback regarding the products advertised.
Therefore, the digital media is more effective than television ads because the platform fosters communication and ensures immediate feedback.
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Most students don't consider that they'll end up paying far more than the original amount they borrowed on their student loans because of
Answer:interest rates
Explanation:
The longer you have to pay off the more interest adds up