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3 years ago

Process of dividing a large market into smaller groups

Business

1 answer:

harina [27]3 years ago

7 0

Answer:

Market segmentation

Explanation:

Market segmentation, the process of dividing a larger market into smaller pieces based on one or more meaningful, shared characteristics, is a way of life for almost all marketers in both consumer and business-to-business markets.

can you please mark me 'Brainliest'? thanks

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Determine the monthly payment for a 36 month lease on a $26,000 car with a residual of 71% and an interest rate of 7. 5%. A. $10

lubasha [3.4K]

The lease fee is equal to the monthly rent, which is formally dictated underneath an agreement between two parties, granting one party the lawful liberty to utilize the other person's real estate belongings and other fixed assets, for a limited period.

The approximate monthly lease payment is $348. 38.

<h3>How to calculate the monthly payment?</h3>

Given,

Residual percentage = 71 %
Interest rate = 7.5 %
Lease amount for the car = $26,000
Number of months = 36

First calculate the residual value as:

Residual value = 71 % of the lease amount ($26,000)

$\begin{aligned}&= 0.71 \times 26,000\\\\&= \$ 18,460\end{aligned}$

Calculate the money factor as:

$\begin{aligned}\rm Money\; factor &= \dfrac{7.5 }{2400}\\\\&= 0.003125\end{aligned}$

Step 1: Calculate the monthly depreciation as:

$\begin{aligned}\rm Monthly depreciation &= \dfrac{\text{Lease amount - residual amount }}{\text{Number of months}}\\\\&=\dfrac{ 26000 - 18460}{36}\\\\&= \$209.44\end{aligned}$

Step 2: Calculate the monthly financial charge as:

$\begin{aligned} \text{Monthly Financial Charge} &= (\text{Lease amount + Residual value}) \times \text{Money factor}\\\\&= (26000 + 18460) \times 0.003125\\\\&= \$138.94 \end{aligned}$

Step 3: Calculate the lease amount as:

$\begin{aligned}\text{Monthly Lease Amount} &= \text{Monthly Depreciation + Financial Charge}\\\\&= 209.44 + 138.94\\\\&= \$348.38\end{aligned}$

Therefore, option d. $348. 38 is correct.

Learn more about the lease amount here:

brainly.com/question/25795577

3 0

2 years ago

Read 2 more answers

When each person specializes in producing the good in which he or she has a comparative advantage, total production in the econo

OLga [1]

Answer:

The correct answer is c) rises.

Explanation:

Each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production. Although a country does not have an absolute advantage in producing any good, it may specialize in those goods in which it finds a greater comparative advantage and finally participate in the international market. In this sense, it can boost its foreign trade.

It is then the basic idea that countries choose to specialize in order to trade in activities where they have a certain advantage. That is, instead of producing what they do best in an absolute way, they produce what they do best in a relative way. Therefore, the difference with the theory of absolute advantage is that it does not produce what the country costs less, but the one with lower comparative costs.

7 0

3 years ago

All of the following are related to a proposed project. Which one of these should be included in the cash flow at Time 0?A) Loan

aleksley [76]

The correct answer is choice A, a loan obtained to finance the project.

When you are calculating cash flow you are calculating the inflows and outflows of actual liquid cash. The only one of the options that would be considered cash at time 0 is the loan that was obtained to finance the project.

4 0

3 years ago

Mercantilists wanted a favorable balance of trade, by which they meant a. exports = imports. b. exports > imports. c. exports

lawyer [7]

Answer:

b. exports > imports.

Explanation:

Note that when a country's exports are less than imports of the country that is a case of unfavorable balance of trade.

So Mercantilists often aim to see excess of exports over imports which they believe means added income (exports) and less of expenditure ( imports).

Remember the balance of trade (BOT) looks at foreign exchange between countries.

5 0

3 years ago

Deanne is a vocal critic of socialism. She likes to point out that in recent years the governments in many socialistic nations h

Nesterboy [21]

Answer: False

Explanation:

Socialism is a theory that posits that production, and distribution, of goods and services should be in charge of the government. This is quite different from capitalism which advocates for the individuals to be in charge.

Even though it is true that governments of many socialistic nations have cut back on government services and have reduced taxes, this doesn't mean that all nations are adopting pure capitalistic ideals according to Deanne.

She's incorrect because there are still some elements of socialism and government interference, hence, such economies are regarded as mixed economies as they've attributes of both capitalism and socialism.

Deanne's observations is untrue as government involvement in free market economies is being ignored by her.

7 0

3 years ago

Process of dividing a large market into smaller groups ​

Process of dividing a large market into smaller groups