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3 years ago

Socioeconomic market segmentation is another name for _____ segmentation.

1 answer:

7 0

I think the correct answer would be demographic segmentation. It is a type of market segmentation where the consumers are classified according to race, religion, family, gender and/or income. It is a way to help an organization target specific consumers.

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Richard has $652 in his account and is planning a road trip. He looks at how expensive hotels and sightseeing costs are in certa

Cloud [144]

Answer:

The answer is: Detroit $196.87

Explanation:

We first must add the cost of visiting the five cities:

Detroit $196.87

Pittsburgh $180.32

St. Paul $102.87

Cincinnati $155.81

<u>Richmond $211.86 </u>

Total cost $847.73

Then we find what is the difference between the total cost and the road trip budget: $847.73 - $652 = $195.73

The cheapest city that Richard can drop is Detroit, by doing so his total expenses will be $650.86, which is below his budget.

4 0

3 years ago

Read 2 more answers

what's the best definition of financial literacy? a. the efficient and effective management of moneyb. the ability to find, eval

san4es73 [151]

Im going to say the answer is A

5 0

3 years ago

Durango, Inc. purchased a parcel of land for $450,000. It paid attorney fees of $3,000 to verify title to the land. In addition,

Crank

Answer:

D. $460,500

Explanation:

Given that

Cost of parcel of land = 450000

Legal fees = 3000

Broker's fees = 7500

Therefore,

Amount recorded as cost of parcel of land is

Cost of parcel of land + legal fees + brokers fee

= 450000 + 3000 + 7500

= $460,500

When purchasing land, fees like commissions, legal fees, bank fees, title fees and other expenses added before the land can be used are considered as part of the land's cost. Hence the answer.

8 0

3 years ago

Read 2 more answers

Consider the impact of monetary policy over time. in the short run, __________ prices adjust. in the long run, __________ prices

masha68 [24]

Consider the impact of monetary policy over time. In the short run, some prices adjust. In the long run, all prices adjust. This is further explained below.

<h3>What is monetary policy?</h3>

Generally, Controlling both the amount of money that is circulating in an economy and the routes through which new money is created is what we mean when we talk about monetary policy. The approach to monetary policy is influenced by a variety of economic variables, including the gross domestic product (GDP), the rate of inflation, and the growth rates of certain industries and sectors.

In conclusion, Take into consideration the effects that monetary policy has had throughout time. Some pricing is subject to adjustments in the short term. Over time, market prices will reach their equilibrium.