Answer:
The expected gain per policy for the insurance company is $80
Explanation:
According to the given data we have the following:
Outcome death No death
Net gain $-9900 $ 100
Probability 0.002 0.998
Therefore, in order to calculate the expected gain per policy for the insurance company we would have to calculate the following formula:
Expected Gain = (-$9900)*(0.002)+($100)*(0.998) = -19.8+99.8= 80
Expected Gain=-$19.8+$99.8=
Expected Gain=$80
The expected gain per policy for the insurance company is $80
There are different reasons for market segmentation. Market segments are homogeneous in two ways: prospective buyers have common needs and they will respond <u>similarly </u>to marketing <u>action</u>.
<h3>Why market segments?
</h3>
The reasons set aside for a market segment are;
- Homogeneity among the different segment's specific needs.
- Its uniqueness
- A specific reaction to marketing tactics.
The reaction that arises from the market segments to marketing plans or strategies is said to be very well known by people. The market segment traits are interests, lifestyle, age, etc.
See full question below
Market segments are homogeneous in two ways: prospective buyers have common needs and they
a.) use traditional forms of media on a regular basis.
b.) are in the same income bracket.
c.) are likely to be open to brand-switching.
d.) can be convinced to share common wants.
e.) will respond similarly to marketing action.
Learn more about market segments from
brainly.com/question/5545577
Answer:
from an angel investor
Explanation:
Based on this information it can be said that Robert receives the financial resources to start his business from an angel investor. An angel investor is an individual that has a large amount of money and decides to provide financial backing to a specific small startup business or entrepreneur in order for them to get their vision up and running, in exchange for a percentage of the company. In this specific scenario the Angel Investor was Esther, who supplied Robert with the resources necessary in exchange for a 20% cut of the business.
Keep the product:
Sales $500,000Variable Expenses 340,000
---------------------------------------
Contribution Margin 160,000
Fixed Manufacturing 220,000
Net operating income (60,000)
Drop the product:
Sales $0
Variable Expenses 0
----------------------------
Contribution Margin 0
Fixed Manufacturing 180,000
Net operating income (180,000)
Difference of keep and drop the product would be:Sales ($500,000)
Variable Expenses 340,000
-----------------------------------------
Contribution Margin (160,000)
Fixed Manufacturing 40,000
Net operating income (20,000)
Therefore, net operating income would decrease by $20,000 if Product A were dropped.
