The correct option is (c) benefit segmentation.
Benefits segmentation is a sort of market segmentation that divides consumers into groups according to the advantages and perceived worth of the products and services they can purchase. Additionally, it might entail classifying clients in accordance with functional advantages such features, quality, and customer service.
Benefit segmentation is a technique for market segmentation that entails dividing your customer base into groups according to the benefits customers perceive they will get from your product. This may entail classifying consumers in accordance with their perceived value for things like quality, features, customer service, etc.
Learn more about Benefits segmentation here
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Answer:
(a) American Eagle is a monopolistically competitive market (b) Burger king is a monopolistically competitive market (c)Merck's cholesterol-fighting drug is a monopoly market (d)your local electric company is a monopoly market. (e) a farmer who grows corn is a competitive market
Explanation:
Solution
American Eagle : It is Monopolistic Competitive. There are many firms which is of one of the number of clothing and accessories retailers in the market where no business have total control over market.
Burger king:This is a monopolistic competitive market as there are many producers who sell same product but they are differentiated by branding.
Merck's cholesterol fighting drug: This is a monopoly market as there is one firm that produce this drug
.
Local electric company: It is a monopoly market as it is owned by a local loop where it is the only source for the particular locality
The stock market: It is a competitive market as there are large number of producers who want to earn profits .Here the market prices varies depending on competition
.
A farmer who grows corn: It is a competitive market because there are so many people who grows corn and sell in the market.Here the market prices varies depending on competition
Answer:
11,125 units
Explanation:
Particulars Units
Beginning WIP (2500*0.75) 25% is completed 1,875
Units started and completed during the month 8500
[10,000 -1500 as ending Inventory]
Ending Inventory [1500*0.50] <u>750</u>
Equivalent units <u>11,125</u>
So, the equivalent units for conversion costs during October is 11,125 units
Answer: No, Paul has not breached a contract.
Explanation: To answer this, we must first we must define what a contract is.
A contract is an agreement between two or more people that is legally binding, and which guides or governs the actions or conducts of the parties involved.
A quality that makes a contract legally binding is that it is enforceable by law.
In the scenario given in the question above, Paul has not breached any contract because there isn't one. The promise to buy dinner has not been legally bound, therefore, it is not enforceable by law, in essence, it is not qualified to be called a contract.
Answer:
$80,000
Explanation:
Given:
Amount issued by the Bentley Corporation = $1,000,000
Duration = 10 years
Interest rate on the bods = 8% annually
Market rate of interest = 7% annually
Now,
the interest charged will at the rate on the bonds i.e 8%,
therefore,
the Interest expenses = Rate × Amount issued
on substituting the respective values, we get
the Interest expenses = 0.08 × $1,000,000
or
the Interest expenses = $80,000
