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2 years ago

How can a market be segmented using demographics?

Business

1 answer:

tangare [24]2 years ago

7 0

Here is a Answer to your question:

Demographic segmentation divides the market into smaller categories based on demographic factors, such as age, gender, and income. Instead of reaching an entire market, a brand uses this method to focus resources into a defined group within that market.

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"Christie and Jergens formed a partnership with capital contributions of $300,000 and $400,000, respectively. Their partnership

Katen [24]

Answer:

The Christie and Jergens's respective shares are $92,500 and $42,500.

Explanation:

For computing the Christie and Jergens's respective shares, first, we have to compute the remaining income which is to be shared between these two partners. The computation is shown below:

= Net income - salary - interest on total capital

= $135,000 - $60,000 - 10% × ($300,000 + $400,000)

= $135,000 - $60,000 - $70,000

= $5,000

So, the remaining income would be divided equally between the partners

Now

Christie shares = Salary + interest on capital + remaining income

= $60,000 + ($300,000 × $10%) + $2,500

= $60,000 + $30,000 + $2,500

= $92,500

And, the Jergens shares = interest on capital + remaining income

= ($400,000 × $10%) + $2,500

= $40,000 + $2,500

= $42,500

3 0

4 years ago

Suppose that there is asymmetric information in the market for used cars. Sellers know the quality of the car that they are sel

zepelin [54]

Answer:

$22,500

Explanation:

Chance of getting low quality car = 50%

Chance of getting high quality car = 50%

Cost of low quality car = $15,000

Cost of high quality car = $30,000

So, Price of the car = 50% of lower quality + 50% of higher quality

= (50% × $15,000) + (50% ×30,000)

= $7,500 + $15,000

= $22,500

Hence, price of the used car will be $22,500.

3 0

3 years ago

ACTIVITY 2.

egoroff_w [7]

Answer:

A. Product

B. Price.

C. Place.

D. Promotion.

Explanation:

Marketing plan can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.

Generally, a marketing plan is made up of the four (4) Ps and these includes;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

8 0

3 years ago

The most important source of oligopoly is: economies of scale. government-created barriers. technological superiority. all of th

djyliett [7]

Answer:

economies of scale

Explanation:

Economies of scale are the result of increasing returns to scale, this means that the higher the output, the lower the production costs per unit. This means that large producers will have an advantage over smaller producers which will eventually allow them to make more profits and sell at lower prices. After a while, only large producers that are able to manufacture goods at a low price will exist, e.g. car manufacturers.

6 0

3 years ago

Oscar has elected to have 23% of his federal income tax withheld as state income tax. If $154.00 was withheld as federal income

spin [16.1K]

Federal income tax withheld = x

Percent held as state income tax = 0.23x

So, if $154 was held as federal income tax on the last paycheck, then the state income tax will be: 0.23 (154) = $35.42

Total income tax withheld = 154 + 35.42

$189.42

4 0

4 years ago

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