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Rasek [7]
2 years ago
11

In the United States alone, what revenue does the marketing research industry produce?

Business
1 answer:
Lyrx [107]2 years ago
6 0

The United States alone,$892 million revenue does the marketing research industry produce.

The worldwide revenue of the market research industry surpassed 76.four billion U.S. greenbacks in 2021, developing more than twofold considering that 2008. In 2020, North the us generated the biggest proportion of market studies sales, representing 54 percent of the entire, observed through Europe with 23 percentage.

Is there a research industry?

The marketplace research industry in the U.S. has undergone a strong boom over the 5 years. This has been supported with the aid of the growth in studies and improvement (R&D) and net advertising expenditure, that have pushed call for for industry services.

How large is the market research industry?

The scale of the global market research industry has grown with the aid of 6% to $76 billion in 2017. at the same time as the united states remains the globe's biggest region for market research services, followed by using the United Kingdom, the middle East and Asia Pacific are the quickest growing areas.

What is the market research industry?

Companies in the market research industry acquire, analyze and present records on public opinions and client conduct and attitudes. enterprise offerings encompass political polling, sampling and statistical offerings, broadcast media score services and marketplace analysis services.

Learn more about research industry here :- brainly.com/question/28138862

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Suppose that Japan can produce 5 cars in 8 hours and 15 HD TVs in 10 hours. The US can produce 5 cars in 6 hours and 15 TVs in 5
ICE Princess25 [194]

<u>Answer:</u>

<u>If there is 1 hour of production:  </u>

Cars produced by Japan = 5/8 = .625 cars  

HD TV produced by Japan = 15/10 = 1.5 HD TVs

Further,

Cars produced by US = 5/6 = .83 cars

HD TV produced by US = 15/5 = 3 HD TVs

So,

Opportunity cost of a car for Japan = 1.5/.625 = 2.4 units of HD TVs

Opportunity cost of car for US = 3/.83 = 3.61 units of HD TV

Since, Japan has lower opportunity cost of producing cars, so Japan has comparative advantage in producing cars.

Opportunity cost of a HD TV for Japan = .625/1.5 = .42 units of car

Opportunity cost of a HD TV for US = .83/3 = .28 units of car

Since US has lower opportunity cost of producing HD TVs, so US has comparative advantage in producing HD TVs.

7 0
3 years ago
g The company took out a loan from the bank (this transaction was already recorded). It was a 90-day, 9% note for $7,200 taken o
Savatey [412]

Answer:

1. Dr Interest expense   54

         Cr  Accrued interest      54

    ( To record interest expense )

Explanation:

Interest expense =  7200 * 9% = $648 * 1 /12 = $54 for the m/o dec

8 0
3 years ago
We want to send all of our high-value customers a special VIP gift. We are defining high-value customers as those who have made
Setler79 [48]

Answer:

Customer ID HANAR

Customer Name Hanari Carnes

Order ID 10981

Total Amount 15810.00

Explanation:

Companies focus on Customer retention policies for high valued customers. The companies do not want to upset their high valued clients and lose a great part of their sales from these customers. In this question all the high valued customers are sent gifts by the company who has shop for $10,000 or more from the company this year. From the given list we have sorted the high valued customers based on this criteria.

4 0
3 years ago
Doggle, Inc. has two categories of overhead: maintenance and inspection. Costs expected for these categories for the coming year
Rudik [331]

Answer:

$18,400

Explanation:

Using the appropriate cost driver <u><em>(which is the most appropriate method of determining or calculating a particular cost. The Variable cost drivers might come in the form of costs per unit, hourly costs, or batch costs, among others. it can also be fixed costs, which could be in form of set-up costs.),</em></u> the total cost of the potential job will be $18,400

The full diagram explaining the step be step procedure is in the attached image below.

6 0
4 years ago
The dividend growth model: Multiple Choice is only as reliable as the estimated rate of growth can only be used if historical di
ddd [48]

Answer: The correct answer is "is only as reliable as the estimated rate of growth".

Explanation: The dividend growth model: is only as reliable as the estimated rate of growth because the growth model is a method to assess the price of a company's stock using constant growth and discounting the value of future dividends today.

<u>This happens because it assumes that the growth that the company will experience is constant.</u>

3 0
3 years ago
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