Answer:
$40
Explanation:
Profit made is the difference between revenue earned and cost incurred by an entity.
Marginal profit is thus a difference between the additional sales during the added time and the additional cost incurred.
As such, for the local restaurant;
Profit earned during the last hour given that for each additional hour is $404 and the additional revenue (the marginal revenue) during the last hour is $444
= $444 - $404
= $40
Mr. Divers will be affected bey th unatnticpated inflation causng his retirement account to be worth less in the future than before inflation. Due to inflation, the prices of goods and services rise causing his money to be spent in a shorter time period on less items then it would have if it were spent without any type of inflation issues.
Answer:
A) Research and Development
Explanation:
The following are the three primary functions that all the organizations perform:
operations
finance
marketing
Answer:
Sales revenue for $500
Explanation:
The journal entry is shown below:
Account receivable Dr $490
Credit card expense Dr $10
To Sales revenue $500
(Being the sale transaction is recorded)
The account receivable is computed below:
= Sales revenue - sales revenue × fee percentage given
= $500 - $500 × 2%
= $500 - $10
= $490
And, the credit card expense is
= Sales revenue × fee percentage given
= $500 × 2%
= $10
Answer:
market segmentation,
Market targeting, differentiation
Explanation:
It should be noted that To succeed in today's competitive marketplace, companies need to be customer centered. Each company must divide up the total market, choose the best segments, and design strategies for profitably serving chosen segments in a process involving market segmentation,Market targeting, differentiation.
Differentiation in marketing can be regarded as the creation of specialized products which is able to have competitive advantage along with a section of the market.
Market segmentation can be regarded as process involving division of heterogeneous market to relatively more homogenous segments according to particular parameters such as geographic, psychographic as well as demographic.
Market targeting can be regarded as
process involving selection of target market from the whole market. It
encompass groups of buyers that the company is striving to satisfy and set price for.