Answer: Target market
Explanation:
Target market could be defined as those group who a producer deem fit to use his or her product. When a producer makes an item, he has a group of people in mind that would buy because they need it, those group of people are the target market. Every producer considered this.
The real estate agent target market are vegetarian because he's renting the houses for what it was specified to be
Answer:
increased; 3.33 cents
Explanation:
Fixed cost is cost that doesn't vary with unit produced. It remains constant
Average fixed cost = Fixed cost/ output
Average fixed cost last month = $900 / 3000 = $0.3
Average fixed cost this month = $900 / $2700 =$ 0.333
Average fixed cost this month ($0.333) is greater than Average fixed cost last month by $ 0.333 - $ 0.3 = $ 0.033 = 3.33 cents
I hope my answer helps you
Answer and Explanation:
Municipal bond rate = Taxed bond rate × (1-Tax rate)
4.25 = Taxed bond rate × ( 1 - 0.35)
Taxed bond rate = 6.54
Answer:
B
Explanation:
Explicit cost is the actual cost incurred in running a business. They include wages, cost of raw materials
Implicit cost is also known as opportunity cost.
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
The normal rate of return is when cost is equal to revenue. So, profit is zero.
Economic profit = Revenue -explicit cost - implicit cost
0 = (200 x $2) - $350 - implicit cost
implicit cost = $50
