Answer:
Mass marketing
Explanation:
Mass marketing -
It refers to as the marketing strategy , where the focus is on the complete market rather than some specific group , is referred to as mass marketing .
It is the reverse of niche marketing .
Mass marketing requires advertising method like , television , radio , newspaper , magazine etc.
As they tries to capture large area of consumers .
Hence , from the given information of the question ,
The correct answer is mass marketing .
Answer:
The EOQ is 353 units
Explanation:
The economic order quantity or EOQ is the quantoty that minimized the holding and ordering cost for invetory.
The formula for EOQ is,
EOQ = √(2*D*O) / H
Where,
- D is the annual demand in units
- O is the ordering cost per order
- H is the holding cost per unit per annum
The annual demand of oil filters by Sam is,
Annual demand = 52 * 150 = 7800 filters
The EOQ for Sam Auto Shop is,
EOQ = √(2*7800*16) / 2
EOQ = 353.27 Units rounded off to 353 units
Answer:
c. The equilibrium wage will rise, and the equilibrium quantity of labor will fall
Explanation:
Because of the emigration of workers from the Northern Minnesota to Southern Canada, the equilibrium wage rates will rise and quantity of labor will fall.
This happens because the workers that left have already created a vacuum that will be eager to be filled by their employers who will be willing to increase wages for incoming workers to serve two purposes:
1. To entice them to work for the company and fill the vacuum
2. To try to make sure they stay and not leave another vacuum.
The reason the quantity of labour will fall is because of that vacuum created by the departed workers. It's this drop in labor that will make the equilibrium wages to increase.
Answer:
The answer is: D) On average, the number of copies made each day was about 24 copies per day away from the mean, 258.
Explanation:
Mean: to calculate the mean of an statistical sample, you add all the data points and then divide by the total number of points, in other words is the average value.
Standard deviation: measures how spread out the values are from the sample's mean. The larger the standard deviation, the more spread out the values.
Based on the information given the net income for the year will be is : $2.9 million.
<h3>Net income</h3>
Using this formula
Net income=Dividend declared-Decrease in Ending Retained earning
Where:
Dividend declared=$4.4 million
Decrease in Ending Retained earning=$1.5 million
Let plug in the formula
Net income=$4.4 million-$1.5 million
Net income=$2.9 million
Inconclusion the net income for the year will be is : $2.9 million.
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