Answer: usage-rate segmentation
Explanation: Usage-rate segmentation divides a market by the quantity of product bought or consumed. The 80/20 principle holds that 20 percent of all customers generate 80 percent of the demand.
Answer: b. Marginal revenue is less than average revenue
Explanation:
Marginal revenue is the extra revenue received by selling one more unit of a good while Average revenue is the revenue generated on average by all units sold thus far.
If the monopolist has to reduce prices to sell more goods then it would mean that for every unit sold, the price would have reduced compared to the price of the last unit which translates to less revenue coming in per unit compared to the last unit.
On the other hand, on average, the higher prices of the earlier goods sold would keep the average revenue higher than the additional revenue (marginal revenue).
Answer:
The following are 3 against reasons for the reconstruction of Greensburg as the "green city":
Explanation:
Following are the reasons and the counter reasons:
Reasons:
- Its tornado was something which will never be large as ever before, in which the city has been harmed and 95% of his residences have been destroyed. It also offers you to recreate the green city.
- The creation of a green city would also enable many cities to the devastated area to integrate with green technology.
- The Greenburg would become an icon with style as well as a prototype for the building of a clean energy city.
Counter Reason:
- The green tech isn't cheap and it would put pressure on the public resources.
- When a tornado of the same size hit Greenburg, then nobody would cause a serious source of financial and private assets.
- The city should give priority to tornado refugee camps that are capable of protecting public goods instead of building a green culture.
Answer:
a. The company can utilize production facilities to produce greater volumes to meet demand from a larger market, leading to higher productivity, lower cost and greater profitability.
Explanation:
Options are <em>"a. the company can utilize its production facilities to produce greater volumes to meet demand from a larger market, leading to higher productivity, tower cost and greater profitability. b. it will lead to a lower sales volume, which enables the company to free up more production power and require fewer employees. c. it will lead to a lower sales volume, which will reduce production costs and lead to greater production power. d. It will lead to a lower sales volume which means using less production power, enabling employees to have more time to participate in a learning environment."</em>
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The question here is how the company will benefit by entering global market. And to enter global market, the company must produce larger volumes. So, the options B, C,& D are not correct. Because the company is looking to produce more and utilize its production capacity to the full to increase the profits by decreasing the costs (economies of scale). Thus, option A is correct.
Answer:
c. Senior citizens (65 years and older) - psychographic
Explanation:
This is the sentence that is not correct. Demographic information usually focuses on the external factors of a person. These include age, ethnicity, gender, or location. On the other hand, psychographic information tends to focus on more personal and unique characteristics, such as a person's motivations, beliefs or values. Both of these approaches are useful when approaching the process of segmenting.