Other than directly observing the market most companies get their market research from newspaper advertorials and trusted research vendors .
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Newspaper advertorials </h3>
An advertorial is a form of advertisement in a newspaper, magazine or a website which involves giving information about the product in the form of an article. Usually, a brand pays the publisher for such an article.
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Trusted research vendors </h3>
A market research vendor can provide insights on the best research design for your needs, based on years of experience. They may also have research panels to help you access your target audience most economically and experienced people to conduct interviews or focus groups.
Learn more about newspaper advertorials and trusted research vendors here :
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Answer:
The correct answer is letter "C": produces products that are considered elastic.
Explanation:
Elasticity refers to the sensitivity of a good or service to reflect change in its supply or demand after a change in price. A product's supply is said to be elastic if the changes in the quantity supplied increases and it immediately determines a price in the price.
Thus, if for technological reasons the output of a company increases, considering that the product is elastic, the prices will increases which will provide the organization more revenue. That firm will be more than glad about the technological advance.
The amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.
<h3>What is a lease agreement?</h3>
A lease agreement is a legal arrangement whereby a person give another person the right to possess the land for use in return for a periodic compensation.
However, the lease agreement can lead to permanent purchase, based on the agreement of the lease.
In conclusion, the amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.
Read more about lease agreement
<em>brainly.com/question/24460932</em>
Answer:
The amounted contributed to U.S.GDP is $2 million
Explanation:
First and foremost, the question reiterated that $1 m is due to U.S-owned equipment company and U.S.managers working in Mexico,this is where the key to unlocking the question lies.
On the basis that the money is shared equally between the equipment company and the U.S managers working in Mexico,each group gets $500,000 which is an input for the car manufacturer. However, $2.5m worth of cars are sold to U.S-an output ,deducting the $500000 due to the managers from the output value gives $2m
Answer:
Job 301 $ 11,000
Job 302 $ 16,500
Job 303 $ 22,000
Explanation:
To calculate the overhead rate <u>we divide the estimated overhead cost by the estimated cost driver:</u>
0.55 overhead rate
Job 301 $20,000 labor cost x 0.55 overhead rate
11,000
Job 302 $30,000 labor cost x 0.55 overhead rate
16,500
Job 303 $40,000 labor cost x 0.55 overhead rate
22,000
