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3 years ago

Which of the following groups of people could be considered the first target market in America?

Business

1 answer:

kicyunya [14]3 years ago

6 0

Answer:

Option A. is correct.

Explanation:

A target market is defined as a group of consumers to whom a company wishes to sell its products and a group of consumers to whom a company wants to provide various services. For such customers, a company takes various marketing efforts.

Women could be considered as the first target market in America.

Option A. is correct.

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A perpetuity will pay $300 per year, starting five years after the perpetuity is purchased. is purchased. What is the present va

Maru [420]

Answer:

present value of perpetuity = $29615.93

Explanation:

given data

pay = $300 per year

interest rate = 3%

solution

we get here present value payment after 5 year is

present value = $\frac{future\ value}{1+ discount\ rate }$ ...........1

present value = $\frac{1000}{(1+0.03)^5}$

present value = $862.60

and

now we get present value on purchase date

present value = $\frac{payment}{interest\ rate}$ ......2

present value = $\frac{862.60}{0.03}$

present value = $28753.33

and

present value of perpetuity is

present value of perpetuity = $862.60 + $28753.33

present value of perpetuity = $29615.93

5 0

3 years ago

Do you think it is best to keep track of finances using a check register, a bank statement, or both? Why?

aalyn [17]

It is best to keep both a check register and then to reconcile your bank statement with your check register. That means you have recorded everything that has happened.

7 0

3 years ago

Andrina always spends 30 % of her income on thingamabobs. Assume that her income increases by some percentage while the price of

Leni [432]

Answer

What is Income Elasticity of Demand?

Income elasticity of demand is the ratio of percentage change in quantity of a product demanded to percentage change in the income level of consumer. It is a measure of responsiveness of quantity demanded to changes in consumers income.

Income elasticity of demand indicates whether a product is a normal good or an inferior good. When the quantity demanded of a product increases with an increase in the level of income and decreases with decrease in level of income, we get a positive value for income elasticity of demand. A positive income elasticity of demand stands for a normal (or superior) good. When the quantity demanded of a product or service decreases in response to an increase and increases in response to decrease in the income level, the income elasticity of demand is negative and the product is an inferior good.

Formula

Income Elasticity of Demand Ei%\ Change in Quantity Demanded%\ Change in Consumers Income

Percentages are calculated using the mid-point formula, i.e. by dividing the change in quantity by average of initial and final quantities, and change in income by the average of initial and final values of income. Therefore:

Income Elasticity of Demand - Ei = Qf - Qi ÷ Qf + Qi ÷ 2 ÷ If - Ii / If + Ii ÷2

Income Elasticity of Demand - Ei = % Change in Quantity Demanded ÷ % change in consumer Income

Where:

Qf - is the final initial quantities demanded of the product,

Qi - is initial quantities demanded of the product,

If - is the final incomes of consumer

Ii - is the initial incomes of consumer.

∴

Question

What is her income elasticity of demand for thingamabobs?

Solution:

From the Problem, it can be deduced that -

Qf - assume it to be 60 since it is not given

Qi - assume it to be 50 thingamabobs?

If - assume it to be 40% since it is not given

Ii - 30%

Assume the % increase in Income to be

∴

Ei = 60 -50/ 60 + 50 ÷ 2 ÷ 40 - 30 / 40 + 30 ÷ 2

Ei = 10/110 /2 ÷ 10/70 ÷ 2

Ei = 10/11 X 70/10 ÷ 2

Ei = 10/55 x 14

Ei = 28/11 = 0.73%

Therefore the Income elasticity of demand for Adrina is 0.73 %

5 0

4 years ago

Choose all that apply.

vesna_86 [32]

Provide information such as the name address date of birth and social security number verify the account provide identification deposit at least the minimum balance sign an authorization card

4 0

3 years ago

Read 2 more answers

A company has a "bring your own device" (BYOD) policy for computers; anyone can just go out and buy whatever computer they want.

brilliants [131]

Answer:

I can see there are no choices.

Purchase or Lease Stage

Explanation:

The "Hardware Lifecycle" has several stages or phases. These are: Plan, Purchase or Lease, Deploy & Install, Maintenance, Upgrade, Parts & Repair, Extend, Buyback or Trade In and Dispose or Recyle.

The situation above is part of the "Purchase or Lease Stage." This stage allows the person to buy the computer that they wanted. When it comes to the IT hardware, the person can either "Buy" or "Lease." One may choose the second option if he is not yet ready to buy.

So, this explains the answer.

5 0

4 years ago