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Ket [755]
3 years ago
11

A catalog retailer has identified african-american professionals between the ages of thirty-five and forty-five as the group of

customers within the larger market that is a potential market for its products. the retailer plans to direct its marketing efforts toward this group of consumers. the retailer has identified a ________.
Business
1 answer:
STALIN [3.7K]3 years ago
5 0
The retailer has identified a TARGET MARKET.
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Steven lives in a big city where there is a shortage of parking. He has a parking spot in his driveway where he parks his car. W
DENIUS [597]

Answer:

The correct answer is option C.

Explanation:

The opportunity cost of any economic decision is the cost of giving up its alternative. We are aware that we have limited resources with alternative uses and we have to use these resources to satisfy alternative needs and wants. In order to increase spending resources on one thing, we need to decrease spending on its alternative.  

Here, the parking spot on the driveway can be used for personal use or can be used for renting. The opportunity cost of using the spot for personal parking is the money that could have been earned by renting it to others.

5 0
3 years ago
Describe two other criterias that are required in order to be considered for a bachelor's degree​
anastassius [24]

Answer:

The two main criteria for consideration of bachelor's degree program,

Pre requisite subjects. This is a must to have requirement. ...

Merit based. This is also a must to pass requirement.

Explanation:

;)

6 0
2 years ago
Suppose tickets for a regular seat at Super Bowl XXXVII cost just $500 when bought at face value (the cost at the box office). S
kakasveta [241]

Answer:

e. The monetary price paid to obtain the ticket.

Explanation:

The opportunity cost represent the best rejected alternative of the resources used.

If a person goes to the Super Bowl, the opportunity cost is any other entertainment show it renounce to see and any other use of the 500 dollar it used to acquire the ticket.

6 0
3 years ago
A U.S. firm holds an asset in Great Britain and faces the following scenario:
Lady_Fox [76]

Answer:

C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.

Explanation:

given data

                     State 1           State 2               State 3

Probability      25%            50%                      25%

Spot rate      $ 2.50 /£    $ 2.00 /£            $ 1.60 /£

P*                   £ 1,800       £ 2,250             £ 2,812.50

P                     $4,500          $4,500               $4,500

solution

company holds portfolio in pound. so to get hedge, they will sell that of the same amount.

we get here average value of the portfolio that is

The average value of the portfolio = £ (0.25*1800 + 0.5*2250 + 0.25*2812.5)

The average value of the portfolio = 2278.13

so correct option is C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.

3 0
3 years ago
General Forge and Foundry Company has a quick ratio of 2.00; $38,250 in cash; $21,250 in accounts receivable; some inventory; to
Vlada [557]

Answer:

The answer is General Forge and Foundry Company selling and replacing its inventory 2.55 times per year on average.

Explanation:

We have:

The company cost of good sold = Sales x 65% = 100,000 x 65% = $65,000

The company inventory = Total current asset - Cash - Account Receivable = 85,000 - 38,250 - 21,250 = $25,500

=> Inventory turn over ratio = Cost of good sold / Inventory = 65,000/25,500 = 2.55 times or the company is selling and replacing its inventory 2.55 times per year.

So, the answer is 2.55 times.

4 0
3 years ago
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