Other than directly observing the market most companies get their market research from newspaper advertorials and trusted research vendors .
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Newspaper advertorials </h3>
An advertorial is a form of advertisement in a newspaper, magazine or a website which involves giving information about the product in the form of an article. Usually, a brand pays the publisher for such an article.
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Trusted research vendors </h3>
A market research vendor can provide insights on the best research design for your needs, based on years of experience. They may also have research panels to help you access your target audience most economically and experienced people to conduct interviews or focus groups.
Learn more about newspaper advertorials and trusted research vendors here :
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Answer:
(A) True
Explanation:
A corporation just requires a basic incorporation state, through which the legal identity of its incorporation is created. After that it does not require to incorporate in all the states where the business is being conducted.
As per the law, there shall be at-least a different legal identity then that of the individual to conduct such business. Law does not demand separate incorporation.
Thus, the above statement is
True.
Answer:
<em><u>P (x) = 80x - 2x^2 - 3</u></em>
Explanation:
The Profit function is the revenue minus the cost.
Revenue = Price x Quantity = X.px = x(88-2x) = 88x - 2x^2
Therefore the profit function P (x):
P (x) = 88x - 2x^2 - (8x+3)
<em><u>P (x) = 80x - 2x^2 - 3</u></em>
<em><u /></em>
To maximise profit we use the 1st order condition: dP(x)/dq = 0
Therefore, 80 - 4x = 0
4x = 80
x = 20
So 20 leashes maximises profit.
P(x) = 80(20) - 2(20)^2 - 3
<em><u> P = $803 </u></em>
<em><u /></em>
The price to charge would be:
<u><em>p (x) = 88 - 2(20) = $48</em></u>
<u><em>The best reason would be that the price is a bit expensive for a leash so most people would not buy it.</em></u>
Answer:
The company's net income for 2015 is loss $62,000 ( -$62,000)
Explanation:
During 2015, Rainbow Umbrella Corp. had sales of $730,000
Total expense for 2015 = Cost of goods sold + Administrative and selling expenses + Depreciation expenses + Interest expense = $450,000 + $90,000 + $160,000 + $92,000 = $792,000
Sales - Total expense = $730,000 - $792,000 = -$62,000<0
The company recorded loss in 2015 the amount of $62,000 and didnot have to pay tax.
