Answer: Option C
Explanation: In the given case, the audience of the commercial made by Titleist have the same background and social standing. All the people watching the commercial in the given question were standing in a country club, thus, they all had a certain amount of knowledge and interest in golf and have same societal background to a very good extent.
Thus, from the above we can conclude that option C is the right answer.
Answer:
PACED stands for Problem, Alternatives, Criteria, Evaluation, Decision
Explanation:
Answer:
d. A fixed price of $2200/month.
Explanation:
A landlord is an owner of the house or property which is rented to a person called Tenant on lease or rent. The landlord in the question is renting an apartment. He has 3 Potential Tenants who are willing to rent his property. The greatest revenue will be generated if the apartment is rent out to the second tenant who is willing to pay $3000 per month. The revenue of the landlord will maximize if he uses option D to rent out his apartment. A fixed price of $2200 will generate greatest revenue.
If country A exports $10 billion worth of goods to country B and imports $8 billion worth of goods from country B, then country A has a(n): $2 billion trade surplus with country B.
<h3>What is long run market in business?</h3>
When a country exports more than it imports, it is said that the country has a trade surplus. On the other hand, when a country imports more than it exports, it is said that the country has a trade deficit.
The term "long run" refers to a time frame during which all cost and production elements are movable. A business will eventually look for the production technology that will enable it to produce the necessary level of output for the least amount of money.
The long run is a theoretical concept in economics where all markets are in equilibrium, all prices have fully adjusted, and all quantities are in equilibrium. The short-run, where there are certain restrictions and markets are not completely in equilibrium, contrasts with the long-run.
To know more about long run market, refer:
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Answer:
Assuming Charlie uses the cost depletion method, his depletion expense for the year is $ 56,250
Explanation:
Depletion method is used to provide a depletion charge for assets which have a depletion nature in the usage of the resources such as mines, quarries and oil wells.
Depletion Charge = Cost /Expected Total Contents in Units × Number of Units taken in the Period
= $225,000 /1,000,000 × 250,000
= $ 56,250
