What four factors help marketers describe a target market?

Suppose timothy consumes two goods, soda and chips. the slope of his indifference curve for these two goods reflects:

Ierofanga [76]

Answer: The rate at which he is willing to substitute one good for the other

Explanation: Indifference curve shows the combination of two goods that give the consumer the same level of satisfaction. the slope of this indifference curve shows how much the consumer is willing to substitute one good for the other in order to keep utility constant.

$Slope= \frac{Change in x}{Change in y}$

Slope of Indifference curve for soda and chips shows how much soda Timothy is willing to substitute to get 1 additional unit of chips.

$Slope=\frac{Unit of soda foregone}{Units of chips gained}$

So, the correct option is the rate at which he is willing to substitute one good for the other.

6 0

3 years ago

The following stockholders' equity accounts were taken from the balance sheet of LAH Corporation as of December 31, 2019 Common

Blizzard [7]

Answer:

1) 30,000 shares issued

2) Common stock average price: 12.1 dollars

book value: $ 22.49

3) 135,000 dividends to common stockholders

Explanation:

1) preferred stock equity $ 3,000,000 / $ 100 par value = 30,000 shares issued

2)

common stock: 400,000 issued x $10 face value : 4,000,000

additional paid-in in excess of par value: 840,000

total paid-in 4,840,000

average common stock price: $ 4,840,000/400,000 shares = 12.1

on average common stock were issued at 12.1 dollars

common stock book value:

(common stock + retained earnings - preferred stock)/outstanding shares

(4,840,000 + 4,260,000 - 105,000)/ 400,000 = 22.4875

3) if 450,000 dividends are distributed:

the compamy will first pay the preferred stocks:

30,000 x $ 100 x 7% = 210,000

dividends in arrears: 105,000

total preferred stock 315,000

bond to common stock:

450,000 declared - 315,000 preferred stock: 135,000 for common stock

4 0

3 years ago

The problem with adopting a fair-return pricing policy for a natural monopoly is that Multiple Choice economic profits will be p

ASHA 777 [7]

Answer:

it is not allocatively efficient

Explanation:

Monopoly is a market condition where one seller has all the market share. This leads to an inefficient market structure, an increase in the prices of goods and services and abnormal profits. A problem with adopting a fair return polity for a natural monopoly is that it is not allocatively efficient. In a monopoly, goods and services are not produced to help the economy or people.

7 0

2 years ago

The 1803 decision of the United States Supreme Court in the case of Marbury v. Madison established

Darina [25.2K]

Answer:

c). the power of judicial

Explanation:

This was the first time such power was wielded by the Court.

3 0

2 years ago

Harlose Suits faced a lot of complaints from customers when its recent batch of goods was dispatched. The employees at Harlose S

Mekhanik [1.2K]

Answer:

External failure costs.

Explanation:

These are explained to be the faults or defects a customer finds out or see after receiving his good and leaves the factory or finds out when goods or services has been delivered to him/her.

This can be either internal or external. When seen to be an internal aspect of the failure, costs result from identification of defects before they are shipped to customers. Some of these could include rejected products, reworking of defective units, scrap and also downtime caused by quality problem. It is said that a firms appraisal activities creates chances greater than the chance of catching defects internally and the greater the level of internal failure costs. This is the price that is paid to avoid incurring external failure costs, which can be devastating.

4 0

2 years ago