What would you like to do?
What products are made by the firm Okkatots?
The firm can contact a packaging and design company such as Deal Design Group. A branding and graphic design agency with a team of problem solvers. They cane be found at… http://www.dealdesigngroup.com/?gclid=CIDI-b7w7pECFRQ9IgodSTNyog
in the short-run they are not able to but in the longrun it can be attainerd as businesses want to lower their average costs!
No because it does not produce at minimum average total cost
In simple terms Supply and demand
Firms produce multiple products because the aim is to be a producer that maximizes profit. Firms produce multiple products to get maximum profit.
variable cost plus fixed cost.
It's near its consumers
The customers will get very quality product. The business can sell products for a higher price. It will help the business to overcome the competitors.
They file for bankruptcy.
A demand inelastic good (as opposed to a supply inelastic good) is a good that is essential to the well-being of individuals in the market. So certain staple food, such as mai…ze, wheat, etc. are inelastic because they are a life requirement (these would be about as close to perfectly inelastic as you could get). In order for a firm to make their product inelastic they would benefit from making their product unique, or making it seem unique to the consumer, this is called 'branding' and or 'product differentiation'. The actual product doesn't have to be entirely unique, but should have a unique feature. The producer may differ themselves from the rest in some significant way (donating to charity, sponsoring events, employing locals etc.). Either make the good (or a particular unique feature of it) somewhat of a necessity for the consumer to have, or play on emotions; either way the brand loyalty among consumers will increase. There are also methods concerning 'predatory pricing' and 'exclusive dealings', however these would require the firm in question to be established as they involve eliminating substitutes for the product.
to acquire profits
Marginal physical product is zero
to establish a brand name for example nike shoes have a high added value. if the demand for the product of a firm suddenly soars due to some influencial events (exam…ple:the demand for the design of shades worn by psy suddenly soared after his mv gangnam style became famous) the firm can add higher added value and benefit when this kind of senario is witnessed to benefit as much as possible before the heat turns off. higher added value gives a sense of luxury goods and people buy it either to show off or because they like the product but either way the sales go up. if a firm has higher added value it can pay all the expenses such as wages, rent etc and still earn more profit(if it can add value without increasing cost.) and is successful in profit satisfying. if a business can add value that is much greater than the cost of production the business is said to be successful.
This allows firms to charge higher prices for their specific product.
One of the products that can be used to help in skin firming is a facial firming cream. Another product that can be used to help in skin firming is a cellulite skin firming pr…oduct.