Answer:
D. How will the questions be defined?
Explanation:
When devising a market research study, one of the first steps is to define the questions of the study.
These questions should be very specific, so that the information gathered by the research can effectively answer them.
For example, a good question for a market research study is "what percentage of marke share have competitors gained over us in the last two months for these two products".
That question is very specific, narrowly defined, and can be easily answered by gathering the appropriate information.
Answer:
True
Explanation:
First of all, your tax filing status affects your tax rates, the more you earn, the higher your tax bracket. On the other hand, if your income is very low, you might not even have to file your taxes. For example, if you are over 65 years old, and your income is less than the standard deduction ($12,200) you do not need to file your taxes. If your income is above a certain threshold, you might start losing some tax benefits and deductions, e.g. child care and tax credit.
The per-unit economic profit at the profit-maximizing output is $112 if the product price is $283.
<h3>How do we calculate profit-maximizing price?</h3>
The rule for calculating a profit-maximizing perfectly competitive firm is to produce the level of output where Price equals the Marginal Revenues= Marginal cost.
Hence, the economic profit is calculated by Total Revenue - (Explicit Costs + Implicit Costs) because it entails the difference between the revenue received from the sale of an output and the costs of all inputs.
Therefore, the per-unit economic profit at the profit-maximizing output is $112 if the product price is $283.
Read more about economic profit
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<span>To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask?
What can go wrong? </span>What are the alternatives? <span>What is the likely return? </span>Is the risk worth the return?
<span>When assessing a situation where there could be risk to generate a return, make sure that all questions regarding the return vs the risk are asked. It is important to weigh out all options and make the best decision regarding the purchase. The four questions above are practical and important when assessing risk. </span>
