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2 years ago

8

If an advertiser wants to enhance the sales of a specific good or service, institutional advertising should be used. Select one:

True O False

1 answer:

Arlecino [84]2 years ago

4 0

Answer: True.

Explanation:

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The business market consists of all the organizations that acquire goods and services used in the production of other products o

RideAnS [48]

Answer:

The major types of industries that make up the business market are agriculture industry, forestry industry, mining industry, manufacturing industry ; construction industry and transportation industry; communication industry, banking, finance and insurance industry.

Explanation:

a) Agricultural industry entails group of firms involving in rearing of animal and growing of both cash crop or food crop either majorly for commercial purpose / use

b) Forestry industries are group of firm who specialize in afforestation and deforestation of trees with a goal of maintaining environmental well-being, majorly for commercial purpose

c) Mining industry are industry who specialize in extraction from the soil raw materials required by other industries. Extraction like crude oil, Coal

d) Manufacturing industry are group of firm whose main objectives is to process raw material into finish good for use by the market and for commercials industry.

e) Transport industry are industry that specialize in movement of people and cargo from one destination to another through land, rail, sea or road

f) Construction industry specializes in buildings of building, roads, bridges and other structure for commercial

and personal use.

g) Communication industry specializes in enabling individual to transmit information from his end to another end.. It ranges from Media to Internet and Phone as all these fall under communication community.

h) Banking, Finance and Insurance industry are industry who accept deposit, gives loans to organisation, provide insurance cover over a particular risk, offers organisation financial advice, offers audit.

4 0

3 years ago

Suppose a life insurance company sells a $290 comma 000 one-year term life insurance policy to a 20-year-old female for $280

Monica [59]

Answer:

The insurance company will gain an expected value $176.66032

Explanation:

The expected value is the gain or loss of an event and is calculated each outcome by its probability.

In our case we have to consider all events as follows;

The probability of dying means the insurance company will have a loss of $290,000 and gain $280 which is the cost of the policy. The probability of this happening=(1-probability of living)=(1-0.999644)=0.000356

The probability of living means the insurance company will gain $280, and the probability of this happening=0.999644

The gain or loss from death=280-290,000=-$289,720

The gain or loss from living=$280

Expected value=(The loss from death×probability of death)+(The gain from living×probability of living)

where;

The loss from death=-$290,000

Probability of death=0.000356

The gain from living=$280

Probability of living=0.999644

replacing;

Expected value=(-290,000×0.000356)+(280×0.999644)

Expected value=(-103.24+279.90032)

Expected value=$176.66032

The insurance company will gain an expected value $176.66032

4 0

2 years ago

On monday, foster deposits in his account at guaranty bank a local check for $500. after 5:00 p.m. on friday, from these funds,

zhenek [66]

You can withdraw $ 200 the very next business day and rest of the remaining $ 300 on the second business day from the date of deposition of the check. On friday foster can withdraw the whole of the amount no more than deposited on monday that is $500.

Generally, if you deposit check for 200$ to a bank one can access the full amount the very next business day, whereas if the amount exceeds more than $ 200 you can partially withdraw it from the account and rest on the second business day.

To learn more about withdraw here,

brainly.com/question/11387281

#SPJ4

5 0

1 year ago

Partridge Co. can further process Product J to produce Product D. Product J is currently selling for $21 per pound and costs $15

kondaur [170]

Answer:

Differential cost= $9.25

Differential revenue= $16

Explanation:

As the name suggest, differential cost is the difference between the costs of two alternative options. Now in this question, Patridge Co. has two products, PJ AND PD, <em>one of which (i.e PD) can be produced by further processing an already produced product (i.e PJ). But for the production of product D, Patridge Co. would have to incur additional cost of $9.25 per pound. </em>

The formula for differential cost is as follows;

Differential cost= total cost of alternative J - total cost of alternative D

Differential cost= $15.75 - ($15.75+$9.25)

Differential cost= $9.25

Differential revenue is similarly the difference between the revenue generated by two alternatives. In this question product J sells for $21 whereas product D sells for $37 so the differential revenue would be as follows:

Differential revenue = revenue of alternative D - revenue of alternative J

Differential revenue= $37 - $21

Differential revenue= $16

7 0

3 years ago

They innovate, allocate and manage the factors of production and bear risk that’s why they are considered as the catalysts for e

Genrish500 [490]

Innovation is a process of discovering new ways of combining resources

5 0

2 years ago