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vampirchik [111]
2 years ago
14

When a company recognizes that the needs of one market segment is not the same as another and accordingly customizes its product

offerings, it is said to be pursuing a __________ strategy. a. focus b. low-cost c. standardization d. segmentation e. stuck-in-the-middle
Business
1 answer:
Andrej [43]2 years ago
6 0

Answer:

Focus strategy.

Explanation:

Focus strategy is undertaken by a company to enter a narrow market or expand operations in such a market. The segment is specific and the business usually provides services that competitively meets customer needs.

Recognising that one market segment's needs are different from another one's is the basis for focus strategy. Resources will be used to meet and satisfy the unique needs of a target segment or niche. Involve a particular product line for example children clothing, detergents, lemon juice, children's shoes and so on.

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True or False: When economic profit is zero, producers do not have any incentive to deviate from the current line of production.
Sladkaya [172]

Answer:

1. True

2. True

3. True

Explanation:

1. Economic profit is the explicit and implicit costs are subtracted from total revenues. After deducting all the costs from revenue, if we get the zero economic profit, the producers do not get enough chance to have much incentive from the current line of production, or they cannot deviate it from the production level. That is why it is the correct answer.

2. It is true statement. An example can easily show why the statement is true.

Quantity      Per unit revenue         Total revenue       Marginal Revenue TR_{2}  - TR_{1}

0                              0                                  0                            -

1                               4                                  4                         (4 - 0) = 4

2                              4                                  8                         (8 - 4) = 4

3                              4                                  12                       (12 - 8) = 4

4                              4                                  16                      (16 - 12) = 4

So, the statement under perfect competition is true.

3. The statement is true. The shutdown price in the short-run is that the average variable cost is higher than the price per unit. When the average variable cost is higher than the price per unit, it is a competitive firm's minimum supply price in the short-run. It can happen due to the entrance of the new competitors in the entire market.

7 0
3 years ago
Adam, Ben and Erica are liquidating their partnership. Before selling the assets and paying the liabilities, the capital balance
ser-zykov [4K]

Answer:

Adam = $41,000 , Ben = $31,000 , Erica =$20,000

Profit and loss sharing Ratio respectively =1:1:2

<u>Requirement 1</u>

Cash available                                 $72,000

Add: Cash received from sale of   <u>$50,000</u>

non-cash assets

                                                         $122,000

Less: Cash paid against account   <u>$20,000 </u>

receivables  

Cash to be distributed                    <u>$102,000</u>

<u />

<em><u>Distribution</u></em><em> </em>

Adam= $102,000 * 1/4 = $25,500

Ben = $102,000 * 1/4 = $25,500  

Erica = $102,000 * 2/4 = $51,000

<u>Requirement 2</u>

Cash available                                 $72,000

Add: Cash received from sale of   <u>$25,000</u>

non-cash assets

                                                         $97,000

Less: Cash paid against account   <u>$20,000 </u>

receivables  

Cash to be distributed                    <u>$77,000</u>

<u />

<em><u>Distribution</u></em><em> </em>

Adam= $77,000 * 1/4 = $19,250

Ben = $77,000 * 1/4 = $19,250

Erica = $77,000 * 2/4 = $38,500

3 0
3 years ago
The owner of billy joe's barbecue is looking at his advertising, sales promotion, and publicity programs. he is reviewing the co
Tomtit [17]
All those are part of his marketing mix
5 0
2 years ago
Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U
scZoUnD [109]

Answer:

a. 24%

b. 12%

Explanation:

Marginal tax rate is an incremental tax rate that is paid out of the taxable income of a tax payer. It represents the rate at which the last unit of dollar of the taxable income is taxed. The marginal rate for each income bracket is supplied by the Internal Revenue Service (IRS).

                               Chuck Marginal Tax Rate

a) The marginal tax rate for Chuck if he earns additional $40,000 taxable income will be:

= $75,000 + $40,000

= $115,000

Marginal tax rate for $115,000 is 24% according IRS tax rate schedule.

b) If instead, it is an additional deduction of $40,0000, the marginal tax rate will be:

= $75,000 - $40,000

= $35,000

The marginal tax rate for taxable income of $35,000 is 12% according US tax rate schedule.

Note: the interest is categorized as interest from municipal bond, so it is tax free.

It is also assumed that Chuck is single. Hence, tax rate under single filer applies to him.

3 0
3 years ago
If government spending increases or personal income taxes decrease, what are the likely effects on output, price level, and inte
Mila [183]

When there is an increase in government spending, there will be an increase on the output, price level, and interest rates

<h3>What is a government spending?</h3>

This refers to the funds injected to the public sector on the acquisition of services such as education, healthcare, social protection, defense etc.

Most time, the effect of an an increase in government spending leads to an increase on the output, price level, and interest rates as it is a method of stimulate demand.

Therefore, the Option A is correct.

Read more about government spending

<em>brainly.com/question/25125137</em>

#SPJ1

7 0
1 year ago
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