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aleksandrvk [35]
3 years ago
15

The large, heterogeneous market from which specific submarkets (market segments) are drawn is called the aggregate market.

Business
1 answer:
Marysya12 [62]3 years ago
8 0

Answer:

False

Explanation:

The large heterogeneous market is a market structure where diverse commodities and services are available to the customers. Overall, large heterogeneous markets are known as 'Mass markets' or ' Total product market'. This market satisfies customer needs due to mass production of distinctive goods. In the large heterogeneous market, customers have different perspectives, wants, choices and nature etc.

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The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal y
kow [346]

Answer and Explanation:

The preparation of the direct labor budget is presented below:

Particulars  Quarter 1     Quarter 2      Quarter 3      Quarter 4      Total  

Required

Production   10,600           8,500            7,000           11,100          37,200

Multiply with

Direct labor

hours             0.35              0.35              0.35              0.35

Total

direct labors  3,710           2,975            2,450            3,885         13,020

Multiply with

Direct labor

cost                $20             $20             $20                 $20           $20

Total

direct labor

cost              $74,200      $59,500      $49,000         $77,700   $260,400

3 0
3 years ago
An investment project provides cash inflows of $1,350 per year for eight years. a. What is the project payback period if the ini
sleet_krkn [62]

Answer:

It will take 3 years and 55 days to cover the initial investment.

Explanation:

Giving the following information:

Cash flows= $1,350

Initial investment= $4,250

<u>The payback period is the time required to cover the initial investment:</u>

<u></u>

Year 1= 1,350 - 4,250= -2,900

Year 2= 1,350 - 2,900= -1,550

Year 3= 1,350 - 1,550= -200

Year 4= 1,350 - 200= 1,150

<u>To be more accurate:</u>

(200 / 1,350)= 0.15*365= 55 days

It will take 3 years and 55 days to cover the initial investment.

6 0
2 years ago
If you start investing a little money now you will most likely have a lot more money than those who start investing later on in
Vesna [10]

I would say that that statement is true.

3 0
3 years ago
Which replacement for the boldfaced words is​ best? barrigan was no fool.​ nevertheless, barrigan tried to repair the roof that
inn [45]
<span>b. barrigan tried to repair the roof that the contractor foolishly had fixed.

</span>
7 0
3 years ago
The weekly profit of a company is modeled by the function w = –g2 + 120g – 28. The weekly profit, w, is dependent on the number
FromTheMoon [43]

Answer:

120 gizmos.

Explanation:

We have been given that the weekly profit of a company is modeled by the function w =-g^2+120g-28. The weekly profit, w, is dependent on the number of gizmos, g, sold. The break-even point is when  w=0.

To find the number of gizmos the company must sell each week in order to break even, we will substitute w=0 in profit function as:

0 =-g^2+120g-28

-g^2+120g-28=0

Now, we will use quadratic formula to solve for g.

g=\frac{-120\pm\sqrt{120^2-4(-1)(-28)}}{2(-1)}

g=\frac{-120\pm\sqrt{14400-112}}{-2}

g=\frac{-120\pm\sqrt{14288}}{-2}

g=\frac{-120\pm 119.53242237987}{-2}

g=\frac{-120-119.53242237987}{-2}\text{ or }g=\frac{-120+119.53242237987}{-2}

g=\frac{-239.53242237987}{-2}\text{ or }g=\frac{-0.46757762013}{-2}

g=119.76621118\text{ or }g=0.2337888

g\approx 120\text{ or }g\approx 0.23

We will take the larger value for the number of gizmos.

Therefore, the company must sell 120 gizmos each week in order to break even.

5 0
3 years ago
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