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
astra-53 [7]
3 years ago
8

The Village Green, a women's clothing store, took a map of the city and the checks written by its customers during the last quar

ter. The store's owner then marked the address of each customer on the map with a map pin. By looking at where the pins clustered on the map, she could determine her trade area. She was engaged in:_______.
Business
2 answers:
svlad2 [7]3 years ago
8 0

Answer: Customer spotting

Explanation:

Customer spotting could be defined as when a business tries to spot where her customers are based via their location. This study has the interest of finding the exact location of various customers who either patronize a product or are potential customers likely to buy the product. The Village Green, tries to spot her customers both potentials through the map, this is known as Customer spotting.

Alla [95]3 years ago
4 0

Answer: customer spotting

Explanation:

A technique used in trade area analysis that "spots" (locates) residences of customers for a store or shopping center.

You might be interested in
Read the scenario. Brad has a steady job, earns a solid income, and plans to live in a nearby city for the long term. He is look
Bogdan [553]
Buying both a car and a home.
8 0
3 years ago
Read 2 more answers
According to liquidity preference theory investment spending would rise if the price level
ANTONII [103]

Answer:

A.rose making the interest rate fall

Explanation:

According to the liquidity preference theory developed by John Keynes, if the money supply rises, price level also rises, interest rate falls. If interest rate falls, the price of bond rises which would increase capital gains. People would prefer to hold bonds instead of money, therefore, investment spending would rise.

The liquidity preference theory states that we hold money for transactive, speculative and precautionary motives.

4 0
3 years ago
Control based on the use of pricing mechanisms and economic information is referred to as:
soldier1979 [14.2K]
It is referred as market control<span />
3 0
3 years ago
Which of the following statements is not correct? Employees have limited protection against surveillance by employers.
babunello [35]

Answer: As with normal first-class mail, employers cannot read employee e-mail."

Explanation:

From the options given, the correct statements are that:

• Employees have limited protection against surveillance by employers.

• The large majority of organizations monitor employee Internet usage.

• The large majority of organizations use URL filtering.

• Employees should be aware that surveillance is legal.

The option that "as with normal first-class mail, employers cannot read employee e-mail" is incorrect. Employers can read the email of their workers.

3 0
3 years ago
What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont
Nadusha1986 [10]

We expect to lose $0.37 per lottery ticket

<u>Explanation:</u>

six winning numbers from = { 1, 2, 3, ....., 50}

So, the probability of winning:

P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}

P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}

The probability of losing would be:

P(loss) = 1 - P(win)

P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}

According to the question,

When we win, then we gain $10 million and lose the cost of the lottery ticket.

So,

$10,000,000 - 1 = $9,999,999

When we lose, then we lose the cost of the lottery ticket = $1

The expected value is the sum of the product of each possibility x with its probability P(x):

E(x) = ∑ xP(x)

= 9,999,999 X \frac{1}{15,890,700}  + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37

Thus, we expect to lose $0.37 per lottery ticket

7 0
3 years ago
Other questions:
  • When defining its market segments, the xyz company identifies groups based on characteristics such as age, gender, income, and e
    9·1 answer
  • What is a company's unique responsibility to its stockholders?
    11·1 answer
  • Jessica spends all her income on two goods, A and B. The price of A is $5, and the price of B is $7. At the current consumption
    7·1 answer
  • A company purchased land for $90,000 cash. real estate brokers' commission was $5,000 and $7,000 was spent for demolishing an ol
    10·1 answer
  • An early method of interrogation was ______, which included brutalizing an individual to gather information.
    14·1 answer
  • Jerome Jones delivers pizza for Papa’s Pizza. He earns $7.80 an hour plus time-and-a-half for every hour over 40. Last week he w
    9·1 answer
  • A local paintball business receives total revenue of $10,000 per month when it charges $12 per person, and $15,000 in total reve
    6·1 answer
  • A _______ arranges the shipping of goods to customers in other countries.
    7·1 answer
  • A business that is making a profit is said to be
    6·1 answer
  • In January 2020, Livingston Publishing sells three-year subscriptions to its annual publication to 500 customers for $30 each. U
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!