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3 years ago

A target market _____________________________

Business

1 answer:

irakobra [83]3 years ago

3 0

Answer:

B. is a specific group of customers on whom an organization focuses its marketing efforts

Explanation:

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Which of the following is located at the point where the supply and demand curves intersect?

Karo-lina-s [1.5K]

Answer:

Equilibrium point

Explanation:

The point where supply curve intersects demand curve is known as the equilibrium point. At this point, the price of commodity supplied equals the price of commodity demanded. Also at this point, the quantity of commodity supplied equals quantity demanded for a commodity.

Thus, E = Qd = Qs

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4 years ago

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D. Short answer questions:

erma4kov [3.2K]

Answer:

Explanation:

a. Monopoly has no competition so it can charge a higher price and produce less quantity when compared to a perfectly competition. For a consumer, perfectly competition which provides more goods at a lower price is better.

b. Due to lack of competition, monopoly does not have to be efficient in its resource allocation. To increase the allocative efficiency, the government can pass regulation to limit price charged and increase quantities of goods produced by the monopoly.

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3 years ago

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Lorenzo, who works as a supervisor at Travelus Corp., notices that one of the employees, Maya, takes very long coffee breaks whi

nata0808 [166]

Answer:

From the given information, we can infer that Lorenzo has decided to give Maya a warning.

Explanation:

The warning is the statement which indicates any unpleasant situation which may arise if not taken any precaution. Although it is unpleasant to hear and to contemplate, it gives sufficient time for any situation to be covered up within the time. In the above case, Lorenzo decided to warn Maya about her activity. By doing this he would be able to draw Maya's attention towards her behavior.

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3 years ago

If your firm buys $1,000 worth of supplies on credit with terms 3/15 n60 and pays the bill on the 60thday after the purchase:

Agata [3.3K]

Answer:

Nominal Cost of Trade Credit = 25.09%

Exact Cost of Trade Credit = 28.03%

Explanation:

given data

buys worth = $1,000

terms = 3/15 n60

pays the bill = 60th day

to find out

Nominal Cost of Trade Credit and Exact Cost of Trade Credit

solution

we know here Discount % and time 60 day and discount period that is

Discount % = 3%

time for Payment = 60 days

and Discount Period = 15 days

so Nominal Cost of Trade Credit will be as

Nominal Cost of Trade Credit = Discount % ÷ (100 - Discount % ) × [ 365 ÷ (time for Payment - Discount Period) ] ..................1

put here value we get

Nominal Cost of Trade Credit = $\frac{0.03}{1-0.03}$ × $\frac{365}{60-15}$

Nominal Cost of Trade Credit = 25.09%

and

Exact Cost of Trade Credit will be here as

Exact Cost of Trade Credit = (1+Discount % ÷ (100%-Discount %))^(365/(time for Payment - Discount Period) - 1 ..................2

put here value we get

Exact Cost of Trade Credit = $(\frac{1+0.03}{1-0.03})^{\frac{365}{60-15}} - 1$

Exact Cost of Trade Credit = 28.03%

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3 years ago

A firm has 3 customer orders, each for 12,000lbs of coal. It is $15.75 per 100 lbs to ship directly to each customer (including

Ede4ka [16]

Answer:

Yes, firm should consolidate shipment as it give saving of $990.

Explanation:

Given: Three customer order 12000 lbs of coal each.

Cost of individual shipment is $15.75 per 100 lbs

Cost of consolidated shipment is $10.50 per 100 lbs with $300 fees.

Now, lets find out cost for all 3 customer in both the shipment.

Cost of individual shipment= $\frac{12000}{100} \times 15.75 = 120\times 15.75$

= $1890

Next, cost for all three customer´shipment is $1890\times 3= \$ 5670$

∴ Cost of shipment for three customer through individual shipment is $5670

Cost of consolidated shipment:

$\frac{12000}{100} \times 10.50= 120\times 10.50 = \$ 1260$

Next, cost for all three customer with the $300 fee= $3\times ( 1260+300)= \$ 4680$

∴ Cost of shipment for three customer through consolidated shipments is $4680

Saving with consolidated shipment = $5670-4680= \$ 990$

Now, we can say it is profitable for firm to consolidate shipment as it give saving of $990.

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4 years ago