All categories

3 years ago

The first known application of marketing research to a business marketing/advertising problem was conducted by:

Business

1 answer:

ehidna [41]3 years ago

7 0

Answer:

An advertising agency.

Explanation:

N. W. Ayer & Son was a Philadelphia advertising agency that was formed in 1869 and was the first advertising agency that created various notable slogans and founded by the Francis W.A, and they worked in groups knows as the creative teams.

You might be interested in

Which one of the following is not a function of money? A. Medium of exchange. B. Store of value. C. Open market operation. D. U

Lisa [10]

Answer:

The correct answer is C

Explanation:

Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.

In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.

Therefore, the one which is not the function of money is that it has the operations in the open market.

3 0

3 years ago

What does a money market account offer that a certificate of deposit (CD)

ruslelena [56]

Answer: A. You can withdraw money at any time.

Explanation:

4 0

3 years ago

A monopoly market is characterized by the inverse demand curve P = 1,200 – 40 Q and a constant marginal cost of $200. If the mar

Sergeeva-Olga [200]

Answer:

The profit maximizing output level declines by 2.5 units and the price rises by $100.

Explanation:

In a monopoly market the inverse demand curve is given as,

P = 1,200 - 40Q

The marginal cost of production of the last unit is $200.

The total revenue is

= $Price\times Quantity$

= $1,200Q - 40Q^{2}$

The marginal revenue of the last unit is

= $\frac{d}{dx} TR$

= 1,200 - 80Q

At equilibrium the marginal revenue is equal to marginal price,

MR = MC

1,200 - 80Q = 200

80Q = 1,000

Q = 12.5

Putting the value of Q in the inverse demand function,

P = $1,200 - 40\times 12.5$

P = $700

Now, if the marginal cost rises to $400,

At equilibrium the marginal revenue is equal to marginal price,

MR = MC

1,200 - 80Q = 400

80Q = 800

Q = 10

Putting the value of Q in the inverse demand function,

P = $1,200 - 40\times 10$

P = $800

4 0

3 years ago

Byron Corporation forecasts that its income will be $21,000 next year. The firm pays out 30 percent of earnings as dividends to

noname [10]

Answer:

RE break point = $24500

Explanation:

21,000 net income

30% OF Earnings as dividends

21,000 x 30% = 6,300 dividends

Retained Earnings (assuming no previous beginning value)

21,000 - 6,300 = 14,700

RE break point = 14,700/0.6 = 24500

What does the $24,500 mean?

This mean that the company can raise financing for this ammount without changing their capital structure (60% equity 40% debt)

If the company wants to finance for more, it will need to raise new shares or chance their capital structure, and therefore the WACC will change

8 0

3 years ago

Zoe Corporation has the following information for the month of March: Purchases $92,000 Materials inventory, March 1 6,000 Mater

Fed [463]

Answer:

Explanation:

The preparation of the cost of goods manufactured is presented below:

Zoe Corporation

Statement of Cost of Goods Manufactured

For Month Ended March 31, 20XX

Work in process inventory March 1 $22,000

Direct materials :

Materials inventory, March 1 $6,000

Add: Purchases $92,000

Cost of materials for use $98,000

Less - materials inventory, March 31 -$8,000

cost of materials placed in production $90,000

Add:

Direct labor $25,000

Factory overhead $37.000

Total manufacturing costs added $152,000

Total manufacturing costs $174,000

Less- work in process inventory, March 31 $23,500

Cost of goods manufactured $150,500

7 0

3 years ago