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vaieri [72.5K]
3 years ago
12

Cheryl Adams is having trouble defining her target market for the bookstore she's opening in her town, which is home to a small

college, a retirement community, and a year-round tourist industry. By deciding to hire a marketing firm to handle the research, Cheryl will probably A. learn a lesson to go with her hunches. B. ruin her budget because of the expense. C. miss opportunities she might have taken a chance on. D. save more money than she spends on the professional research.
Business
2 answers:
Juli2301 [7.4K]3 years ago
8 0

The correct option is D. save more money than she spends on the professional research.

Karolina [17]3 years ago
4 0
The most viable target for her to engage will be the college students and their age group. In this way, she can also tap the tourist market without really having to do much. Hope this helps! Please put Brainliest! Have a great Day!
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Types of imperfect competition
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  • Monopolistic competition: A situation in which many firms with slightly different products compete. Production costs are above what may be achieved by perfectly competitive firms, but society benefits from the product differentiation.
  • Monopoly: A firm with no competitors in its industry. A monopoly firm produces less output, has higher costs, and sells its output for a higher price than it would if constrained by competition. These negative outcomes usually generate government regulation.
  • Oligopoly: An industry with only a few firms. If they collude, they form a cartel to reduce output and drive up profits the way a monopoly does.
  • Duopoly: A special form of Oligopoly, with only two firms in an industry.
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3 0
3 years ago
Taylor Bank lends Guarantee Company $117,933 on January 1. Guarantee Company signs a $117,933, 9%, nine-month note. The entry ma
sweet [91]

Answer:

January 1, 202x, bank loan obtained from Taylor Bank (9 months, 9% interest rate)

Dr Cash 117,933

    Cr Notes payable 117,933

Explanation:

Since this is an interest bearing note that will be paid in less than a year, we should record it at face value. All current liabilities must be recorded at face value.

5 0
3 years ago
As a result of a major hurricane, James' property experienced heavy flooding. His home was in a specialized flood hazard area. W
Irina-Kira [14]

National Flood Insurance will allow James to recoup part of his losses.

The NFIP presently owes $20.525 billion to the U.S. Treasury, leaving $9.nine billion in borrowing authority from a $30.425 billion restriction in law. This debt is serviced by using the NFIP and hobby is paid through top rate revenues.

According to the NFIP, the following varieties of harm aren't blanketed via flood coverage: damage resulting from moisture, mold, or mold that would have been avoided by the assets proprietor or which isn't always due to the flood. Harm resulting from earth motion, although the earth movement is because of the flood.

The NFIP gives flood coverage to asset proprietors, renters, and organizations, and having this insurance enables them to get better faster whilst floodwaters recede. The NFIP works with communities required to adopt and implement floodplain management regulations that help mitigate flooding effects.

Learn more about Insurance here brainly.com/question/25855858

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7 0
2 years ago
The gross earnings of factory workers for Dinkel Company during the month of January are $400,000. The employer's payroll taxes
kari74 [83]

Answer:Please see answers in explanation column

Explanation:

a) Journal to record factory labor cost

      Account titles and explanation        Debit                Credit

Factory Labor                                             $480,000  

Factory wages payable                                                 $400,000

Employer payroll taxes payable                                  $80,000

Factory Labor=Factory wages payable+Employer payroll taxes payable                                  

= $400,000 + $80,000 =$480,000

b) Journal to transfer factory labour to production

Account titles and explanation                                Debit             Credit  

Work in process inventory(480,000 x 75%) $360,000  

Manufacturing Overhead(480,000 x 25%)          $120,000  

Factory Labor                                                                           $480,000

3 0
3 years ago
What type of control focuses on measuring a company’s products territories, customer groups, segments, trade channels, and order
alex41 [277]
Your answer is Profitablity
4 0
3 years ago
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