Answer:
<u>Market Segments</u>
Explanation:
Marketing segmentation refers to dividing markets into various segments or sections, wherein each section comprises of customers with similar attributes or buying preferences.
Marketing segmentation can be based upon demography i.e based upon population , geographical which is based upon the geographical location , behavioral which is based upon customer buying habits and past purchase patterns, psychographic which is based upon the psyche or the perceptions of the buyers.
In the given case, Alex has identified commercial and real estate buyers as the segments wherein his marketing efforts need to be targeted.
Many people believed that a police department should be formed by the citizens and not controlled by the government.
Answer:
Month. Machine Hours. Total costs
January. 1,800 $21,500
February. 2,900 $23,200
March. 1,000. $19,750
April. 2,400. $21,000
May. 3,400. $23,900
High-Low method = 23, 900 + 21,000
= 44,900
The long-run aggregate supply curve shows the relationship between price level and real GDP.
<h3>What is the supply curve?</h3>
It should be noted that the information is incomplete. Therefore, an overview will be given. The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period.
In this case, in a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.
The long-run aggregate supply curve shows the relationship between price level and real GDP that would be supplied if all prices were fully flexible.
The position of the long-run aggregate supply curve is determined by the aggregate production function and the demand and supply curves for labor.
Learn more about supply curve on:
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Answer:
The correct answer is option B.
Explanation:
Melanie decided to buy a coat at a price of $79.95.
When she brought the coat to the store's sales clerk, Melanie was told that the coat was on sale, and she would pay 20 percent less than the price on the tag.
She got a discount worth $15.99.
The consumer surplus, in this case, will be at least $15.99.
This is because the consumer surplus is the difference between the price the consumer is willing to pay for a good and the price he/she actually pays.
Melanie paid $15.99 less than the price but she may have been willing to pay more than the initial price. So the consumer surplus will be at least $15.99.
