When does the price of an item decrease?

There are five steps involved in segmenting and targeting a market. What should a marketer do once she has developed a market-pr

lora16 [44]

The marketer should select target markets once she has developed a market-product grid and estimated the size of markets.

<h3>What is a target market?</h3>

A target market being a group of customers that a business decides to aim its marketing efforts and ultimately products on. They are potential customers that one wish to sell products or services to.

Target market are the group of people in which the products are made for. The products are specifically tailored to certain set of people.

Hence, the marketer should select target markets once she has developed a market-product grid and estimated the size of markets.

Learn more about target market here : brainly.com/question/20812603

7 0

3 years ago

Mr. stevens owns a building in downtown bentonville. he has considered opening a sporting goods store in the building but has al

n200080 [17]

<span>If Mr Stevens decides to open the sporting goods store his opportunity cost is the rent income from the agreement with the person who would like to open a gym. He looses out on a steady rental income.</span>

8 0

3 years ago

Read 2 more answers

At a price of $1.00, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.20, the coffee shop w

kykrilka [37]

Answer:

a. 2.20

Explanation:

The computation of the price elasticity of supply is shown below;

Here,

P1 = $1 Q1 = 100

P2 = $1.20 Q2 = 150

We know that

Price elasticity = percentage change in quantity supplied ÷ percentage change in price

where

Percentage change in quantity supplied = (Q2-Q1)÷(Q2+Q1) ÷ 2)×100

= (150-100) ÷(150+100) ÷ 2)×100

= 40

And,

Percentage change in price is

= (P2-P1) ÷ (P2+P1) ÷ 2)×100

= ($1.20 - $1) ÷ ($1.20 + $1) ÷ 2)×100

= 18.1818

So, price elasticity of supply is

= 40 ÷ 18.1818

= 2.20

5 0

3 years ago

Read 2 more answers

If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an

zhenek [66]

If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of exporting. When you export an item you are trading an item that wsa produced in one country and bringing it to another country. The person doing this or business, Joe To Go is the exporter in the situation by selling them in India through a local retailer.

4 0

3 years ago

Jimmy’s Cricket Farm issued a 30-year, 10 % semiannual bond 7 years ago. The bond currently sells for 108 percent of its face va

Alex Ar [27]

Answer:

9.16% and 5.95%

Explanation:

The attachment is shown below:

Given that,

Present value = 108% × $1,000 = $1,080

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 10% ÷ 2 = $50

NPER = 30 years - 7 years × 2 = 46 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this,

1. The pretax cost of debt is 9.16%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 9.16% × ( 1 - 0.35)

= 5.95%

3 0

3 years ago