Comprised of several distinctive market segments

Assignment Help Business Economics
Reference no: EM13858884

Define and identify the market for each of the following products in terms of (1) market scope (local, regional, national, international( state your reasons why you classify them as local, regional, national or global in scope), (2) likely characteristics of the buyers that make up the demand side of the market, (3) whether the demand side is comprised of several distinctive market segments, and (4) any other relevant and identifiable market characteristics:

Coca-Cola.

Textbooks in economics.

Pro football.

No-return, throwaway glass containers.

Personal computers.

Dry-cleaning services.

Reference no: EM13858884

Questions Cloud

How technology can help you manage time : On page 395 of your textbook, in the section titled "How Technology Can Help You Manage Time", there are several software programs and applications listed that can assist with communication and time management
Increase overall employment and income : George and Ellen operate a business and make a profit. Is this good or bad? Would it have been better if they had made a loss? Explain. How do people earn income? If you purse a career and become incredibly rich, have you done so at the expense of ot..
Assume the park uses an interest rate : Kennywood Amusement Park spends $75,000 each year in consulting services for ride inspection and maintenance recommendations. New actuator element technology enables engineers to simulate complex computer- controlled movements in any direction. Assum..
Defend your position using economic principles : Should the United States pass a minimum wage that assures all workers earn a wage above the poverty level? Defend your position using economic principles.
Comprised of several distinctive market segments : Define and identify the market for each of the following products in terms of (1) market scope (local, regional, national, international( state your reasons why you classify them as local, regional, national or global in scope),
Interest rate did he receive on his investment in stock : Mr. Sansome withdrew &1000 from a savings account and invested it in common stock. At the end of 5 years, he sold the stock for $1207. In the savings account, he would have received an interest rate of 3%, compounded quarterly. He would like to compu..
Consideration that elasticity of supply-elasticity of demand : Assume a good where its equilibrium price is 40 and its equilibrium quantity is 3.0 units. Compute the supply surplus when price is 60. Take into consideration that the elasticity of supply is 1 and the elasticity of demand (-1)
Write a responce to the following topics : Please remember that iBoard allows you to upload multiple documents at a time. You will submit the following homework assignments:
What is the forecast for september using exponential : There are 20 working days in each month. The number of workers needed to produce 1600 units in a month without overtime and without carrying inventory - which of the following is the maximum ending inventory level experienced during any month of th..

Reviews

Write a Review

Business Economics Questions & Answers

  Big computer manufacturers have little intel inside

All the big computer manufacturers have little "Intel Inside" logos in their television advertisement.

  When the price of wheat rises

When the price of wheat rises, the quantity of when demanded falls, and when price of wheat falls, the quantity of wheat demanded rises. Therefore, the demand for wheat is not a horizontal line.”

  Elucidate how would these change incentive structure facing

If deposit insurance were abolished, elucidate how would these change incentive structure facing deposit theory institutions.

  Describe the goals of the factory owners

Describe the goals of the factory owners? Describe the goals of the employees? Describe the problem caused by the scarcity. What is the price of a life.

  Illustrate what is law of diminishing returns

Why are companies using more technology input while reducing labour input. Why are Average Cost Curves U-shaped. Illustrate what is Law of Diminishing Returns.

  Relative to an output--based system

A more serious problem with input-based pay systems (e.g., a wage her hour), relative to an output--based system, is:

  Least the possibility of a swing back toward populism

The very recent past in Latin America suggested at least the possibility of a swing back toward populism. Research this question and decide whether current populism in Latin America is similar to past populist movements, especially by comparing econo..

  Consider restricting foreign investment

Because real investment by foreigners expands a country’s capital stock and hence presumably its output and income, why should any country consider restricting foreign investment?

  Initial capital equipment-break even

A city has decided to build a softball complex and the city council has already voted to fund the project at the level of $800,000 (initial capital equipment). The city engineer has collected the following financial information for the complex projec..

  New york times editorialist recently advocated

A New York Times editorialist recently advocated a cut in the payroll tax.

  Discuss how labour productivity-living standard are related

Discuss how labour productivity and living standard are related. Examine how property rights affect a nation’s standard of living. Suppose the government grants a tax concession on companies’ investments in order to encourage private investment. Exam..

  U-shaped average cost curves-long-run market supply curve

In a perfectly competitive industry in which firms have U-shaped average cost curves, the long-run market supply curve is a horizontal line. This market supply curve is not the horizontal sum of individual firms’ long-run supply curves.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd