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harina [27]
2 years ago
7

How large is my target market?​

Business
2 answers:
AleksandrR [38]2 years ago
7 0
?? this needs more context
Alex777 [14]2 years ago
3 0
Is all depends on the group of persons you are targeting with a specific product. If your a retailer reselling iPhones your target market would be mostly teenagers and persons in their early twenties. So you would have a large target market.
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When the price of Milk is $5 per gallon consumers demand 1,000 boxes of Boo Berry Cereal. When the price of milk increases to $5
alexandr1967 [171]

Answer: a. 10%

b. -30%

Explanation:

a. What is the percentage change in the price of milk?

Old price = $5.00

New price = $5.50

Percentage change = ($5.50 - $5.00)/$5.00 × 100

= 0.50/5.00 × 100

= 1/10 × 100

= 10%

Percentage change on price = 10%

b. What is the percentage change in the quantity demanded for Boo Berry Cereal?

Old quantity = 1000

New quantity = 700

Percentage change = (700 - 1000)/1000 × 100

= -300/1000 × 100

= -30%

The percentage change in the quantity demanded for Boo Berry Cereal is -30%.

6 0
2 years ago
Discuss why it is important to establish control on the R chart first when using and R control charts to bring a process into st
Tanya [424]

Answer:

See below

Explanation:

The importance of establishing control in this case stems from the fact that as the points in these type of charts exceed beyond the set limits, it is possible that those points get eliminated and a revised value of R can be obtained. Accordingly, the limits and the center line also get revised on an R chart and x chart. This also allows for the limits to get tighter on both of the charts.

5 0
2 years ago
Which of the following statements about the Uniform Commercial Code (UCC) is true? Group of answer choices The UCC contract form
sergey [27]

Answer:

1- The UCC contract formation includes offer, acceptance and consideration.

Explanation:

Elements "Offer" and "Acceptance" together form mutual assent. Also, in order to be enforceable, the contract must be for a legal purpose and parties to the contract must have capacity to enter into the contract, that part is related to consideration.

Offer → gives power of acceptance to another party, besides it includes the agreement´s essential elements (they have to be definite and certain).

Acceptance → must be a mirror image of the offer.

Consideration → All common-law contract must contain this element as a valid one. It means that there must be a bargained for interexchange of acts or promises, both parties incurring new legal detriment or obligations as a consequence of the contract.

8 0
3 years ago
The principal supplier(s) of U.S. dollars to the foreign exchange market is/are Group of answer choices
scZoUnD [109]

Answer:

U.S. households or firms wishing to purchase foreign goods or assets.

6 0
3 years ago
Assume that a consumer has a given budget or income of $12, and that she can buy 2) only two goods, apples or bananas. The price
Sauron [17]

Answer: 16 Banana's or 8 Apples

Explanation:

Budget constrain is a mathematical expression which shows us the quantity of goods that can be purchases at given prices and income. Since, income of the consumer is limited, he must allocate his consumption in a way that he can buy maximum goods at the given prices.

The budget constrain faced by the person is

1.50*Q_{A} + 0.75*Q_{B} \leq 12

If the person spends all his income on Apple's, he buys

\frac{12}{1.50}

= 8 Apples

If the person spends all his income on Banana's, he buys

\frac{12}{0.75}

= 16 Banana's


4 0
3 years ago
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