Answer:
The correct answer is C. classical economist.
Explanation:
Classical economics reoriented economic thinking away from the approach that was based on the preferences of rulers or social classes. The classics emphasized the benefits of free trade and developed an organized analysis of the value of goods and services as a reflection of their cost of production.
Classical economists opposed government intervention in the market through price controls, fees, regulations or any other mechanism that altered its normal functioning.
Answer:
Tax Liability = $74,550
Explanation:
Particular Amount
Sales $1,855,000
Less: COGS(70% of sales) <u>$1,298,500</u>
Gross Profit $556,500
Less: Operating expenses <u>$225,000</u>
Operating profit $331,500
Add: Taxable dividend income $40,000
Add: Capital gain $10,000
Less: Interest Expenses <u>$26,500</u>
Net Taxable Income $355,000
Tax rate = $355,000 * 21%
Tax Liability = $74,550
Note: 21% is the Tax rate approved by the Tax cuts and Job Acts of 2017.
The answer is B - this is how Barry splits his time.
Answer:
d) All of the above
Explanation:
Here are the options to this question :
a) Geographic
b) Demographic
c) Psychographic
d) All of the above
e) None of the above
Geographic segmentation is the segmentation of people based on their locations
When Ashton Woods determines that homeowners are seeking locations convenient to good, local schools, he is segmenting by geography.
Demographic segmentation is the segmentation of people based on demographics such as age, income, gender, ethnicity.
When Ashton Woods profiles households based on the income they earn, he is doing demographic segmentation
Psychographic segmentation is the segmentation of a group of people into groups based on certain psychological characteristics
When Ashton Woods determines that homeowners would want like a beautiful upscale home, without the cost of maintaining a large yard. He is segmenting based on Psychography
