Answer:
demographic segmentation
Explanation:
Based on the information provided within the question it can be said that in this scenario they might have an opportunity to use demographic segmentation. This type of market segmentation focuses on a populations factors of age, race, religion, gender, family size, ethnicity, income, and education, and hobbies, in a certain location. Which their values falls under the categories of education, religion, and hobbies.
Answer:
this statement is true.............
Answer: $80 million per year for 25 years
Explanation:
The option you should choose is one that will guarantee you the highest present value.
This means that you need to discount the annual payment of $80 million per year for 25 years to find the present value. As you did not include a rate, we shall assume a rate of 8% for reference purposes.
The annual payment is an annuity so the present value can be calculated by:
Present value of annuity = Annuity payment * Present value interest factor, rate, no. of years
= 80,000,000 * Present value interest factor, 8%, 25 years
= 80,000,000 * 10.6748
= $853,984,000
<em>The present value of the annual payment is more than the present value of the $850 million received today so the Annual payment should be taken. </em>
Answer: 0.5 making the demand for gas to be inelastic in this range.
Explanation:
The price elasticity of demand is calculated as:
= % change in quantity demanded / % change in price
= 15% / -30%
= -0.5
Based on the above calculation, we can see that the elasticity of demand equals to 0.5. Since, it is less than 1, it is said to be inelastic.
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv initial investment?
PMT annual cash flow 10000
R interest rate 0.14
N time 5years
Pv=10,000×((1−(1+0.14)^(−5))÷(0.14))
pv=34,330.81
