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Svet_ta [14]
3 years ago
9

Why are marketers intensely interested in capturing a larger share of teenage market

Business
1 answer:
KiRa [710]3 years ago
7 0

A Market is a place where buyers and sellers meet. There are various types of consumers in a market. for an example markets based on kids products, teenagers products, middle aged and elderly. capturing the teenage market is profitable as it is a market with a growing trend of various needs. it is a market with high demand compared to other customers.

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Income elasticity of demand is
coldgirl [10]

Answer: Option (a) is correct.

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded with change in the income level of an individual.

Income\ elasticity\ of\ demand=\frac{percentage\ in\ quantity\ demanded}{percentage\ change\ in\ income}

Income of an individual has a positive relationship with the demand for normal goods and has a negative relationship with the demand for inferior goods.

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3 years ago
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An owner of a corporation is known as a(n):Group of answer choicesLimited partner.Stockholder.General partner.Director.
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Answer:

Director

Explanation:

8 0
3 years ago
Cellular Talk is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 25% a ye
kondaur [170]

Answer:

$12.14

Explanation:

The computation of the current value of one share of the stock is shown below:

D2 = (1 × 1.25) = $1.25

D3 = (1.25 × 1.25) = $1.5625

Now

Value after year 3 is

= (D3 × Growth rate) ÷ (Required return - Growth rate)

= (($1.5625 × 1.06) ÷ [0.17 - 0.06)]

= $15.05681818

Now

Current value is

= Future dividends × Present value of discounting factor(17%,time period)

= $1 ÷ 1.17 + $1.25 ÷ 1.17^2 + $1.5625 ÷ 1.17^3 + $15.05681818/1.17^3

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7 0
3 years ago
Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C
Vitek1552 [10]

Answer:

Bruce Corporation

Minutes of Grinding Machine Time required to satisfy demand for all four products:

Total Grinding Machine Time

Product A  = 4.10 minutes * 4,300 demand units = 17,630 minutes

Product B  = 5.60 minutes * 4,300 demand units = 24,080 minutes

Product C  = 4.60 minutes * 3,300 demand units = 15,180 minutes

Product D  = 3.70 minutes * 2,300 demand units = 8,500 minutes

Total = 65,400 minutes

Explanation:

The total minutes of Grinding Machine Time required to satisfy monthly demand for each product is calculated by multiplying the units demanded by the grinding minutes per unit.

This gives total minutes required for each product.  Then, when they are summed, the total Grinding Machine Time is obtained.

This total can be compared to the total available minutes per month of 53,900 to obtain the additional minutes required above the minutes available in order to satisfy the products' demands.

8 0
3 years ago
What is meant by the term design mix -Business
Rina8888 [55]
Where its triangle which takes into account a basic design like economic structure etc....
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