The answer is letter D.
Planning for the possibility that your home might get struck by lightning or caught on fire is part of a plan for protecting assets.
Answer:
$40773.49
Explanation:
Number of Years = 5
Interest Rate = 7.25%
Year 1 2 3 4 5
Deposit Amount 2250 8150 7675 6125 12345
FV factors @ 10% 1.32 1.23 1.15 1.07 1.00
FV of deposit <u>2976.95</u> <u>10054.25</u> <u>8828.23</u> <u>6569.06</u> <u>12345.00</u><u>
</u>
Total Amount at the end of 5 years = 2976.95 + 10054.25 + 8828.23 + 6569.06 + 12345
Total Amount at the end of 5 years = $40773.49
Answer:
The correct answer is c) undifferentiated targeting strategy.
Explanation:
An undifferentiated targeting strategy considers all possible buyers within the same reference group, which means that it does not determine specific conditions of a group of consumers to target it. Traditional marketing bases its strategy on the differentiated market, after in-depth studies about people's motivations, tastes, needs, etc. In this case Laelle does not use a specific strategy for the children who are supposed to be the main consumers, since for them it is indifferent if it is a child or adult who consumes their products.
Answer:
A. free-market conditions.
Explanation:
Free market are the condition in the market, which is not governed by the government and people are free to exchange their goods and services with others and market are solely operated by the law of demand and supply. Government does not interfere in the functioning of market and market is regulated by private players or entrepreneur.
Following are the disadvantages of free market condition:
- Profit is the only motive remain.
- High rate of unemployment and inquality.
- High chances of monopoly.
Answer
Price elasticiy of demand for business travelers: -0.16
Price elasticity of demand for vacationers: -0.29
Explanation:
To find the price elasticy of demand (PED) using the midpoint method, we use the following formula:
![PED = \frac{(Q2-Q1)/[(Q2+Q1)/2]}{(P2-P1)/[(P2+P1/2]}](https://tex.z-dn.net/?f=PED%20%3D%20%5Cfrac%7B%28Q2-Q1%29%2F%5B%28Q2%2BQ1%29%2F2%5D%7D%7B%28P2-P1%29%2F%5B%28P2%2BP1%2F2%5D%7D)
Where Q2 and P2 are the new quantity demanded and new price respectively, and Q1 and P1 are the old quantity demanded and price.
Plugging the amounts into the formula we obtain the results of the answer.
Because both results are in absolute value less than one (0.16 and 0.29), we can say that the PED of tickets, for both vacationers and Business traveleres, is relatively inelastic. (Demand falls less in proportion to the change in price).
