Explanation:
Part 1: True, the information given about the total costs incurred by the movie studio from last year shows that after the adjustments for the differences in totals
3rd movie cost - 2nd = 132-84 = 48 million
Thus, the variable costs must be at least $47 million but less than $255 million as well.
Part 2: False, the marginal cost for producing the first movie was $45 million, while the studio produced three films during that period.
In conclusion, the variable costs for all three films last year were
45 x 3 = 135 million
Answer:
He ought to present reasons why his company can satisfy the customer's particular needs.
Explanation:
It's important to articulate how the firm can meet the customer's distinct requirements.
Tom discussed industry trends, noted his firm’s successful history, and proposed pricing alternatives.
A crucial aspect he overlooked, which is vital in these circumstances, is conveying why his company stands out in fulfilling customers’ needs and supporting them toward their objectives. This is significant since various competitors provide similar services, and what distinguishes his company is its ability to better address customer expectations.
