1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fiesta28 [93]
3 years ago
7

Which best describes the results provided by market research?

Business
1 answer:
Troyanec [42]3 years ago
8 0
<span>Market research tells producers what consumers want and what they're willing to pay.

Marketers perform market research so they can accurately determine who their audience is, what people will buy, how much they will buy and how much they will pay for it. Without conducing this research they could be spending money trying to reach the wrong audience. They could also have their product set too high or too low and potentially lose money/customers. 
</span>
You might be interested in
why do demographic shifts and technological developments create both challenges and new opportunities for business​
satela [25.4K]

Answer:

As the population ages, with proportionally more older people and fewer younger people, demand patterns shift and opportunities arise in new markets. That means some industries will suffer or need to undergo dramatic shifts to remain relevant.

Explanation:

5 0
2 years ago
If you had $500 to invest, what questions would you have as you decide how to invest your money?
solmaris [256]

Answer:

20,000

Explanation:

that's the answer thank you and stay safe and take care!!!

4 0
2 years ago
Grosheim Incorporated has fixed expenses of $213,000 per year. Right now, Grosheim Incorporated is selling its products for $250
nirvana33 [79]

Answer:

781 units

Explanation:

Under the CVP concept, the break-even point is calculated by dividing the fixed costs by the contribution margin per unit.

i.e., break-even point = fixed cost/ contribution margin per unit

Currently, fixed costs are $213,000, an increase of 10% will take to

=(10/100 x $213,000) + $213,000

=$21,300 + 213,000

=$234, 300

The selling price is $250, an increase of 40%

=$250 x 1.4

=$350

variable cost will remain the same this year and the following year

Current variable  costs are 20% of sales

=20/100 x 250

=0.2 x 250

=$50

Contribution margin will be new selling price - variable costs

=$350-50

=$300

Break-eve point = $234, 300/300

=781 units

3 0
3 years ago
Distributing Cash Dividends to Preferred and Common Shareholders Dechow Company has outstanding 20,000 shares of $50 par value,
Anna11 [10]

Answer:

Preferred Stock = $60,000 and $3.00

Common Stock = $100,000 and $1.25

Explanation:

Dividends

Preferred Stock has preference when it comes to dividends payments. The remaining dividends are then paid to Common Stockholders.

Preferred Stock dividend = 20,000 x $50 x 6% = $60,000

Common Stock dividend = $160,000 - $60,000 = $100,000

Dividends per share

Preferred Stock dividend =  $60,000 ÷ 20,000 shares = $3.00

Common Stock dividend =  $100,000 ÷ 80,000 shares = $1.25

8 0
3 years ago
The break-even point is a.the maximum possible operating loss. b.where the total sales line intersects the total costs line on a
Alisiya [41]

Answer:

The answer is B.

Explanation:

To a layman, break-even point is the point where an entity neither make profit nor loss. It is the point where total revenue equals total cost(where the total sales line intersects the total costs line on a cost-volume-profit chart).

Points greater or above this intersection or point mean the firm is making profit and points lesser or below this intersection or point mean the firm is making loss.

4 0
3 years ago
Other questions:
  • On April 17, 2021, the Loadstone Mining Company purchased the rights to a coal mine. The purchase price plus additional costs ne
    5·1 answer
  • Vest Industries manufactures 40,000 components per year. The manufacturing cost of the components was determined as follows: Dir
    13·1 answer
  • Is rand corporation a liberal or conservative company?
    14·1 answer
  • Whereas decision-making is perceived as ______ within the finding approach, decision-making is thought to be ______ in the build
    6·1 answer
  • When gregg steiner became the vice president for cleveland-based pinxav, he knew the diaper-rash product manufacturer's sales we
    6·1 answer
  • Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine
    9·1 answer
  • The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same
    14·2 answers
  • Suppose sales increase by 20 percent next month. Calculate the effect that increase will have on her profit. (Round your interme
    13·1 answer
  • Which category of physical infrastructure management is concerned with providing the required it resources at the right time, at
    14·1 answer
  • why might a company want to hedge its balance sheet exposure? what is the paradox associated with hedging balance sheet exposure
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!