Answer:
D. Its purpose is to relate the income tax expense to the items which affect the amount of tax.
Answer:
The correct answer is option B, C, and E.
Explanation:
Transaction cost refers to the cost incurred on resources and time necessary for facilitating exchange of goods and services.
Among the given options, the examples of transaction cost is cost of monitoring an agreement, the cost of drafting a contract or agreement, and the time required to negotiate an agreement.
All these costs are incurred in order to facilitate exchange of goods and services.
The problem of externalities can have efficient private solution if these transaction costs are low otherwise the governement has to intervene to efficiently allocate resources.
Answer:
Concentrated.
Explanation:
Four frequently used targeting strategies are the micromarketing, undifferentiated, differentiated, and concentrated targeting strategies. In micromarketing, we target each and every single customer individually which is also known as customization. In differentiated marketing, we try to differentiate our offerings and target particular market segment with it, whereas in undifferentiated which is also known as mass marketing, we target the whole market with one single offer. In concentrated marketing, we try to capture and target one small segment (niche) which has been ignored and overlooked by the competitors. The main aim here to sell profitably by meeting the needs of that small segment fully.
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