Answer:
Rate of return is 13.2%
Explanation:
Rate of Return is the actual return that an investor receives from an investment in asset during a specific period of time. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.
Total return Received = Dividend + Price change = $1.87 + ($37.75 - 35 ) = $4.62
Rate of Return = Total return During the period / Initial Price of the stock
Rate of Return = $4.62 / $35 = 0.132 = 13.2%
Answer: employment opportunities and commuting ranges.
Explanation:
When looking at developing a particular residential project in a market, the most important factors in figuring out the market area are employment opportunities and commuting ranges.
One should look at the employment opportunities that such project will bring as this is vital to improving the standard of living of the people in the area. One should also look at the commuting ranges as that is vital too.
Answer:
So the amount of sales needed will be $144000
Explanation:
We have given selling price per unit =$8
Variable cost per unit = $4.90
Contribution margin per unit = 8-4.90=$3.1
Contribution margin Ratio = 
Fixed costs = $37200
Target profit= $18600
Required Sales amount to earn the desired profit = 
Answer:
Explanation: The marketing mix consists of a number of factors that a producer usually exploits in order to influence consumers to purchase his/her products and services.
The marketing mix consists of:
- Product
- Price
- Place
- Promotion.
The above are usually called the 4Ps of marketing.
Of the four factors of the marketing mix, the factor that will the easiest for Lee to change will be the price.
This is because, often times, the price of a product or service will be the major determinant in the success of said commodity, and this is due to the fact that customers will compare the product being offered with its price in order to judge whether the product is worthy of the value placed on it.
Therefore, in order for Lee to influence the potential customers to make purchases, the price of the software program will be the easiest to be reviewed, and it should be set to a level where potential customers will be influenced to exchange their money for the software program.
Answer:
INCOME EFFECT
Explanation:
Income Effect means change in real income/ purchasing power due to change in price, income staying same.
- Price Increase reduces real income/ purchasing power, income staying same - because consumer can purchase less from same income.
- Price decrease increases real income/ purchasing power, income staying same - because consumer can purchase more from same income.
Eg: Income, price of a consumer = Rs100, Rs10 respectively.
Real Income = Income/price = 100/10 = 10. Price fall to 8 increases purchasing power to 12.5 (100/8). Price rise to 12 decreases purchasing power to 8.3 (100/12).
Income Effect : stating - lower purchasing power at higher prices, reduces consumption of all goods and higher purchasing power at lower prices, increases consumption of all goods.
