Answer:
<u>have common needs</u>
Explanation:
Marketing Segmentation refers to dividing or segregating markets into different segments based upon different traits. All prospective buyers classified into a particular segment, share common needs and buying preferences.
Marketing Segmentation can be done geographically, demographically, Psychographic or Behavioral basis.
Geographic relates to location, demographic relates to age composition or gender, psychographic relates to buyer psychology and perceptions, behavioral relates to behavior of buyers and their respective traits.
Answer: Option (C) is correct.
Explanation:
In economics, this is a fundamental problem that how to utilize the limited resources to satisfy unlimited wants. There are three things that are interrelated with each other:
(1) Limited resources
(2) Scarcity of goods and services
(3) Unlimited wants
We know that human wants are unlimited and resources are limited, then there is a problem of scarcity arises. Many economists call this as "economizing problem". So, economizing problem is all about making choices from scarce resources.
Answer:
d) partly a variable cost and partly a fixed cost.
Explanation:
CVP income statement is also known as cost volume profit income statement, it is generally a product of CVP analysis and it include five elements:
- Price of products.
- Volume of activity.
- Variable cost per unit.
- Total fixed cost.
- Mix of product sold.
CVP analysis are conducted to know how changes in cost and volume would impact company´s operating income and net income. It require all the cost of company should be segregated into variable and fixed cost. It also calculate contribution margin, which help to identify the profit of company before deducting fixed cost.
Answer: 3.39
Explanation: Current ratio can be defined as a liquidity ratio which is used by the accountants the evaluate the ability of the company to pay its short term obligations. It can be computed as follows :-
where,
current assets = $38,500 + $100,000 + $90,500 + $126,000 + $13,100 = $368,100
current liabilities = $108,400
now putting the values into equation we get :-
= 3.39
