Answer:
respond similarly to a marketing action.
Explanation:
Market segmentation is the strategy of marketing that involve dividing the consumer market on the basis of similar taste, interest, age, location, needs or any other factors which are common. It help the company to customize the product and reach maximum customer to gain market share.
There are four type of market segmentation:
- Demographic.
- Psychographic.
- Behavioral.
- Geographic.
Answer:
15%
Explanation:
If Miranda works 40 hours a week at a wage rate of $25. and she however calculates that on the last hour that she works, she pays $3.75. then her marginal tax rate is derived as follows
<em>The marginal tax rate is the incremental tax paid on incremental income.</em>
From the scenario, we are given the following:
Weekly wage rate is $25.
Weekly tax pay is $3.75
Hence, Marginal tax rate can be computed as = $3.75 / $25 = 15%
Answer:
B. 17 is the correct answer.
Explanation:
Answer:
$480
Explanation:
Data provided in the question:
Machine Hours Repair Costs
2,400 $6,385
1,200 $3,480
2,000 $5,285
3,400 $8,980
Now,
Machine Hours Repair Costs
Highest 3,400 $8,980
Lowest 1,200 $3,480
Difference 2,200 $5,500
Unit variable cost = $5,500 ÷ 2,200
= $2.5
Total cost at high level = $8,980
Machine hours highest level = 3,400
Also,
Total cost at high level = Fixed cost + Variable cost at highest level
or
$8,980 = Fixed cost + [ $2.5 × 3,400 ]
or
Fixed cost = $8,980 - [ $2.5 × 3,400 ]
= $8,980 - $8,500
= $480
Answer:
Thus to maximize profit, Santora Company should manufacture Bread machine only.
The unit of Bread machine can be produced in 2,000 machine hours is 8,000 units
Explanation:
The profit for Toaster Ovens and Bread Machines is $10 and $90 respectively; thus
six toaster ovens per machine hour will generate profit of $60 = ($10 *6)
four bread machines per machine hour will generate profit of $360 = ($90 *4)
In the same machine hour the profit from Bread machines are significantly higher then Toaster over. Thus to maximize profit, Santora Company should manufacture Bread machine only.
The unit of Bread machine can be produced in 2,000 machine hours is 8,000 units (= 2,000 * 4)
The profit for 8,000 units of Bread machine is $720,000 = (8,000 * $90)
