Answer:
$1,032
Explanation:
Calculation to determine What monthly rent must she charge for each apartment to break even
First step is to calculate the Monthly costs using this formula
Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs
Let plug in the formula
Monthly costs=$1,510 + ($2,304 / 12) + ($1,452 / 12) + [2 ×($1,446 /12)]
Monthly costs= $1,510 + 192+ 121 + 241
Monthly costs= $2,064
Now let calculate the Break-even monthly rent per apartment
Using this formula
Break-even monthly rent per apartment = Monthly costs / 2
Let plug in the formula
Break-even monthly rent per apartment = $2,064 / 2
Break-even monthly rent per apartment = $1,032
Therefore What monthly rent must she charge for each apartment to break even will be $1,032
b. The optional pricing strategy (O.P.)
More about optional pricing:
When a company uses optional product pricing, it sets a base product at a lower cost and additional, optional products at a higher price to make up for any losses. Optional products are not required for the base product to function, but they typically improve the customer experience.
The two key components of optional product pricing:
- A base product is the main draw for the customer or the reason they are purchasing. It meets the needs of the customer and does not require the optional product to function.
- A complimentary product(s): A product that a customer who purchased the base product is likely to purchase in order to improve their experience with the base product.
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Answer:
what? I need points tho thanks
Answer:
BRO YOU STILL ON THIS TONY THING xDDDD
Explanation:
The target audience are people that we often want our product to reach. For optimum success, she is creating an advertising plan that will clarify the specific goals that the advertising is designed to accomplish.
The target audience is simply defined as a specific group of consumers that really want your product or service, and so, are known to be the group of people who should see your advertisement campaigns.
The audience can be grouped into by age, gender, income, location, interests or other Characteristics.
Conclusively, They are often formed from different groups such as adults, teens, children, mid-teens, preschoolers, men, or women.
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