<span>A driver stops for gas and their smartphone buzzes with a text offering a free coffee inside the gas station. What does mobile provide advertisers that enables them to offer this to customers? The mobile device profits advertisers with location trackers to see where the driver is. Once they stop, the advertisers for the app's the driver has downloaded can notify them of offers where they are at or around their current location. </span>Having location services on gives opportunity for advertisers to advertise their items and also for the device owner to receive deals.
Explanation:
Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. Economic theories based on rational choice usually assume that consumers will strive to maximize their utility.
Answer:
1. Defencse Dynamics has to sell 325,203 units units to break even on this project.
2. Assuming that the firm can sell 200,000 units, Price it must set to break even is $60.75
Explanation:
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed cost/(Selling price per unit-Variable cost per unit) = $10,000,000/(
$41.50 - $10.75) = 325,203 units
The firm can sell 200,000 units.
Price it must set to break even = (Fixed cost/Break-even point in units) + Variable cost per unit = ($10,000,000/200,000) + $10.75 = $60.75
Answer:
Psychographic
Explanation:
Psychographic segmentation is the method which is used for the group prospective, previous or present customers through their shared traits of the personality, lifestyles, beliefs, attitudes, values and other factors.
Under the marketing aspect, this segmentation is a form which divides the consumers into sub- groups grounded on the shared characteristics involving conscious beliefs, priorities and motivations to define as well as predict the behavior of consumer.
So, in this case, the Disney institute explained or stated the example of the psychographic segmentation or method.