Answer:
He is likely to conduct a Multicultural
Explanation:
Answer: The answer is C. Using more narrowly targeted marketing messages.
Explanation: Market Segmentation is basically the act of dividing a large market into smaller groups, which can now easily be targeted and serviced.
In an increasingly segmented marketplace, the best option for companies it so make sure that they tailor their marketing messages to the segmented market chunk.
Basically, in order for companies to retain the loyalty of their market segment, or to get new customers, they have to make sure that their marketing messages are more narrowed and specific, in order to hold the attention of their target audience.
Using more narrowly targeted marketing messages will guarantee that the target market gets the message clearly and prompt them to patronize the company.
The following equation of parabola is given:
p(x)= - 5 x^2 + 240 x - 2475
where p(x) = y
This is a standard form of the parabola. We need to
convert this into vertex form of equation. The equation must be in the form:
y – k = a (x – h)^2
Where h and k are the vertex of the parabola. Therefore,
y = - 5 x^2 + 240 x - 2475
y = -5 (x^2 – 48 x + 495)
Completing the square:
y = -5 (x^2 - 48 x + 495 + _) - (-5)* _
Where the value in the blank _ is = -b/2
Since b = -48 therefore,
y = -5 (x^2 – 48 x + 495 + 81) + 405
y – 405 = -5 (x^2 – 48 x + 576)
y – 405 = -5 (x – 24)^2
Therefore the vertex is at points (24, 405).
The company should make 24 tables per day to attain maximum
profit.
Answer:
(A) $425,000
(B) $24,350
Explanation:
(a) Average Operating Assets:
= (Beginning Operating Assets + Ending Operating Assets) ÷ 2
= ($390,000 + $460,000) ÷ 2
= $425,000
Therefore, the average operating assets is $425,000.
(b) Residual Income:
= Operating Income - (Minimum Rate of Return × Average Operating Assets)
= $66,850 - (10% × $425,000)
= $66,850 - $42,500
= $24,350
Answer:
Circular flow diagram.
Explanation:
The circular flow diagram simplifies the interaction of two groups, firms and households, and allows us to make predictions about economic behavior.
The firm sells their goods and services in the market while the household buys these goods and services.
Hence, the circular flow diagram represents the interaction between the household and firms with respect to the market.