For this question, you need to find out some basic information. We know that 12 months is a total of a year. First, add up the rent, plus the utilities.
320 + 80 = 400
Then, you will multiply the 400 by 12.
400 x 12 = 4,800
The likely yearly cost for this apartment would be 4,800.
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Answer: Excite
Explanation: Marketing communications on social media can now absorb the 4E framework to improve is operations. The 4E framework objective that applies here is Excite. A business can excite a customer with relevant offers. In this case the restaurant sent Jason a customer loyalty coupon for half off a dessert if he purchases an entrèe. This can entice Jason to purchase an entrèe and thus qualify for the half off special. In turn this could generates more money for the restaurant.
Other 4E frameworks that don't apply to the scenario are:
Educate. Inform customers of possible offerings.
Engage. Communicate with customers on common ground.
Experience. Create a space for customers to have direct / indirect access to the business's products.
The answer is goal setting
Answer: The answers are given below
Explanation:
a. What is its percentage rate of return?
From the question, we are told that the firm is earning $5.50 on every $50 invested by its founders. The percentage of return will now be:
= $5.50/$50 × 100%
= 0.11 × 100%
= 11%
b. Is the firm earning an economic profit? If so, how large?
The economic profit will be the difference that exists between the percentage of return which is 11% and the normal rate of profit which is 5%. This will be:
= 11% - 5%
= 6%
The firm is earning economic profit of 6%.
c. Will this industry see entry or exit?
There will be entry into the industry. This is because the percentage of return which is 11% is greater than the normal rate of profit which is 5%.
d. What will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium?
The rate of return earned by firms in this industry once the industry reaches long-run equilibrium will be 5% which is the normal rate of profit in the economy.
NOT a description of the advertising campaign’s target audience
