Answer:
Letter D is correct. Grouping people according to their psychological characteristics, values, and lifestyles.
Explanation:
Psychographic segmentation is a market segmentation technique where individuals are grouped according to psychological traits such as lifestyle and behavioral patterns which may be: opinions, social status, eating habits, daily routine and many others.
This type of segmentation aims to identify psychological traits and values that influence individual consumer behavior.
Answer:
Information levels
Explanation:
Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing individual and departmental goals, and generating financial analysis across departments and the enterprise as a whole. Ben's duties provide value-added to his company and would be categorized as different information levels
Ben has to manage information on what we can say three different level; individual level which is developing individual goals, team or business unit , which according to the question is departmental goals and generating financial analysis across deparments and on a corporate level, which is the enterprise as a whole which will be reviewed by the executive teamand adding value to the company as a whole.
The Federal Reserve System
This is confirmation bias, although the analyst chooses to interpret the results positively, he is trying to prove his own theory.
Sales data analysis is very crucial to understand the trends of the sales. Data analyst try to analyze the sales data to set goals, improve sales and forecast future sales, and also the revenue which will be generated after the sales.
Data analysis plays a vital role in any organization, the goal of data analysis is to simplify the information available to you. Because not all people are able to understand complex sales data.
The bias used here is confirmation bias, it is our tendency to choose only those things that satisfies our theory. Here the analyst is trying to take positively that information which is ambiguous in nature just to prove his own theory.
Hence, This is confirmation bias, although the analyst chooses to interpret the results positively, he is trying to prove his own theory.
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b. tobacco
c. corn
d. cotton
Answer:
it is cotton
Gradpoint
Explanation:
b. Buys or trades in order to receive a commodity
c. Is in the market for a commodity
d. Receives a commodity from a business Please select the best answer from the choices provided A B C D
A producer is someone who makes the commodity ready for the market and makes it available for sale or exchange.
An organization or business is a market producer if most or all of its output is sold. The creation of goods for one's own final consumption or gross fixed capital formation is a fully acceptable kind of non-market output for market producers, including small unincorporated businesses and huge corporations.
Quantity supplied is the amount of a good that manufacturers are prepared to sell at a specific price at a specific time.
Therefore, Option (a) is correct.
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Low start-up costs make it easy for companies to have a natural monopoly.
Natural monopolies are held by companies that cannot pay for start-up costs.
The government offers companies money for start-up costs to prevent natural monopolies.
The correct answer is A. High start-up costs prevent others from offering the same service in a natural monopoly.
Explanation:
In the economy, natural monopolies occur when only one company or provider offers a service or product due to natural barriers to compete. One of the most important factors that lead to monopolies is high start-up costs, because if companies or individuals are unable to cover costs of infrastructure and technology then they cannot offer certain services.
An example of this is railways because for a company to offer this service it requires a lot of infrastructures, technology, workers, etc. and therefore the start-up costs or initial cost stop many companies from offering this service letting only one company to do this and therefore creating a monopoly. Thus, start-up costs are related to natural monopolies because "High start-up costs prevent others from offering the same service in a natural monopoly".