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MAVERICK [17]
4 years ago
5

What is a niche market?

Business
2 answers:
Naddika [18.5K]4 years ago
7 0
When a market focuses on one thing
valina [46]4 years ago
5 0

A niche market is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment.

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Why might network externalities cause a new cable provider to be unsuccessful when it tries to enter the market?
EleoNora [17]
<span>One reason a new cable company may be unsuccessful when entering the market is if they charge too much for installation. Established companies are usually able to offer free installation. Another problem arises when the new cable company has a different channel lineup than other companies already in the area. Most people don't want to give up channels they are used to having, especially if one of those channels shows a current popular show.</span>
6 0
3 years ago
If Amy painted 8 walls in the first hour of work, and then switched to doing 6 outlets in the second hour of work, what was the
Irina-Kira [14]

Answer:

1.33 walls

Explanation:

Here is the complete question :

Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls, or install 6 outlets. In one hour, Bill can paint 5 walls, or install 5 outlets a. If Amy painted 8 walls in the first hour of work, and then switched to doing 6 outlets in the second hour of work, what was the opportunity cost of each of those outlets?

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

By doing the outlet, Amy is forgoing the option of painting walls.

Opportunity cost = 8/6 = 1.33 walls

8 0
3 years ago
True or False: A production possibilities frontier illustrates the concept of comparative cost by showing the amount of one prod
Llana [10]

Answer:

True

Explanation:

The production possibilities frontier illustrates the opportunity costs of producing one good instead of anther. Every additional unit produced of the good X (located in the X axis) reduces the amount of good Y (located in the Y axis) that can be produced, and vice versa. So the opportunity cost of producing good X is the amount of good Y that will not be produced.

4 0
3 years ago
7)In 2020, taxpayers with the following filing statuses may be eligible to claim the earned income credit except :
Nataly [62]

Answer:hgjugvycuuhubhbhhb

Explanation:gvrdedbuhgfryyikjngvfvtfvrt

4 0
3 years ago
If the expected ROE on reinvested earnings is equal to k, the multistage DDM reduces to:_______A. VO= (Market return in year 1)/
slega [8]

Answer:

VO = ( expected EPS in year 1 )/k ( D )

Explanation:

The multistage DDM reduces to, VO = ( expected EPS in year 1 )/k, The expected ROE on reinvested earnings been equal to K shows that the ROE is constant. since it is constant the value on returned earnings would be zero.

this simply means that EPS = DPS

5 0
3 years ago
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