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kipiarov [429]
4 years ago
15

Rhoda describes her typical customer as female between the ages of 22 and 35 with at least two years of college education and a

household income above $50,000 annually. Rhoda is using _____ variables to describe her customers.
Business
1 answer:
Anna11 [10]4 years ago
3 0

Answer:

Demographic variable

Explanation:

Rhoda describes her typical customer as female between the ages of 22 and 35 with at least two years of college education and a household income above $50,000 annually. Rhoda is using demographic variables to describe her customers. A demographic variable is a variable that is collected by researchers to describe the nature and distribution of the sample used with deductive statistics, these are variables such as age, gender, educational level e.t.c. Rhoda describes her typical customer as female between the ages of 22 and 35 with at least two years of college education and a household income above $50,000 annually therefore Rhoda was formulating her customer profile by using information such as gender, age, education level and income level.

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A firm with market power has an individual consumer demand of q = 20 − 4p and costs of c = 4q. what is the optimal price to char
hammer [34]

$4, is the optimal price to charge for a block of 4 units.

Market power is the ability of a firm to influence supply, demand, or both in order to change the price of a product in the marketplace.

A corporation with significant market power has the power to control its profit margin by manipulating the market price. It may also be able to raise barriers for potential new entries into the market.

Because they may set or change the retail price of an item without giving up market share, companies with market power are frequently referred to as "price makers."

To learn more about Market power here

brainly.com/question/14927883

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7 0
1 year ago
To say that "the U.S. public debt is mostly held internally" is to say that:_______ a. the bulk of the public debt is owned by U
Triss [41]

Answer: The correct answer is "a. the bulk of the public debt is owned by U.S. citizens and institutions.".

Explanation: To say that "the U.S. public debt is mostly held internally" is to say that:<u> the bulk of the public debt is owned by U.S. citizens and institutions.</u>

5 0
4 years ago
Assume that you contribute $200 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $
sveta [45]

Answer:

Total FV= $1,220,441.33

Explanation:

<u>First, we need to calculate the value of the $200 for 20 years. To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

A= 200

n= 20*12= 240

Intertest rate= 0.07/12= 0.005833

FV= {200*[(1.005833^240) - 1]} / 0.005833

FV= $104,180.27

<u>Now, the value of the $300 for 30 years. At the same time, the future amount of the first investment. Each one with its separate formula.  </u>

$300 monthly investment:

n= 300*12= 360

FV= {300*[(1.005833^360) - 1]} / 0.005833

FV= $365,962.41

$104,180.27 investment:

FV= PV*(1+i)^n

FV= 104,180.27*(1.005833^360)

FV= $854,478,92

<u>Finally, the total FV:</u>

Total FV= 854,478.92 + 365,962.41

Total FV= $1,220,441.33

6 0
3 years ago
Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year.
Katen [24]

Answer:

Predetermined manufacturing overhead rate= $240 per order

Explanation:

Giving the following information:

Activity Cost Pool Cost Driver Est. Overhead Cost Driver Activity Ordering and Receiving Orders $ 120,000 500 orders

<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 120,000/500

Predetermined manufacturing overhead rate= $240 per order

6 0
3 years ago
Cage company had income of $350 million and average invested assets of $2,000 million. its return on assets (roa) is
Strike441 [17]
Cage company had income of $350 million and average invested assets of $2,000 million. its return on assets (roa) is

The formula of return on assets is net income divided by average assets.
Given that the net income is $350 million, average asset is $2000

The answer is 0.0005
7 0
4 years ago
Read 2 more answers
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