College students can be a less<u> </u><u>reachable</u> market segment because students' media habits are quite diverse and firms might have to use a wide variety of media to attract this segment.
<u>Explanation:</u>
The procedure in which a capable consumer business is bifurcated into categories, which is based on various features. The types or categories produced is comprised of customers who will respond to the campaigns of marketing in a similar pattern and who share attributes like matching interests, desires or places, thus understood as market segmentation. College students are not covered under sufficient reachable market segmentation in some cases, as they are students and more focused towards education, thus job pursuing or business owning candidates are much preferred to be eligible for the market product policies.
They tell you that over time they changed and their prices went lower
Answer:
a. Linda's acceptance is effective and a contract is created.
Explanation:
A contract is created when there is an offer and acceptance of a transaction. When the contract is created it is enforceable and not revocable unless with the consent of parties involved.
Bob made an offer to Linda to buy her 1,000 of her widgets. The offer is open for 3 weeks and Linda accepted the offer within one week.
Although Bob tried to revoke the offer, since Linda has accepted it the contract is created and enforceable on Bob.
<span>A command or planned economy occurs when the government controls all major aspects of the economy and economic production. In a command economy, it is the government that decides what to produce, how to produce goods and how to distribute goods and services within the economy</span>
Answer:
The expected value of the proposition is $2.50.
Explanation:
When a coin is tossed two times, the following is the sample space (S)
S = {HT,TH,TT,HH}
Using the information in the question, we can derive the following win/loss table:
S Probability Payoff
TH 1/4 -$30
HT 1/4 -$30
TT 1/4 -$30
HH 1/4 $100
The expected value (E) can now be calculated as follows:
E = Sum of (Probability * Payoff) = (1/4 * ($-30)) * (1/4 * ($-30)) * (1/4 * ($-30)) = (1/4 * $100) = ((1/4) * (-30)) + ((1/4) * (-30)) + ((1/4) * (-30)) + ((1/4) * 100) = $2.50
