A clause in a mortgage loan contract requiring the borrower to purchase homeowners insurance is an example of a Restrictive Covenant.
What is Mortgagee Clause?
An agreement between a mortgage lender (the mortgagee) and a supplier of property insurance is known as a mortgagee clause. By requiring the insurer to guarantee payouts when any claims covered by the property insurance policy are made, this sort of clause protects the lender from suffering financial losses in circumstances where the mortgaged property is harmed. Mortgagee terms may also be referred to as loss payee clauses or mortgage clauses.
If you damage the property and the insurance company cancels the coverage as a result, this clause will safeguard the lender.
To know more about mortgage refer:
https://brainly.com/question/8084409
#SPJ4
quoizlet a market structure with a few large firms is a(n) group of answer choices oligopoly perfect competition monopoly monopolistic competition
A market structure with a few large firms is a oligopoly .
What is an oligopoly explain?
An oligopoly is a market with a small number of businesses that are aware of their interdependence in terms of price and output practices. Each company has some market power because there aren't many companies.An oligopoly occurs when a small number of businesses dominate a specific market.What examples of oligopolies exist?
Numerous industries have had oligopolies throughout history, including those that produce steel, oil, railroads, tires, grocery store chains, and cellular carriers. Airlines and medicines are two other sectors having an oligopoly structure.Learn more about oligopoly
brainly.com/question/14093864
#SPJ4
you are asked your opinion on a total ban from all textile imports from overseas. what would be the outcome in the us? what would be the outcome for the exporting country?
The outcome for the exporting country was total ban from all textile import from overseas boost the textile industry in U.S and its good for the economy of country due to ban on import.
What is textile industry?Creating, manufacturing, and distributing yarn, fabric, and apparel are the main concerns of the textile business. A chemical industry product may be used to create a raw material that is either natural or synthetic. The industrial revolution in the 18th century gave rise to the mass manufacturing of yarn and cloth, which led to the development of the textile industry's woven fabric sector. One of the first of several innovations connected to the cotton woven fabric industry was the flying shuttle, created by John Kay in Bury, Lancashire, in 1734. A single weaver's output at a loom could produce cotton fabric faster and wider thanks to the flying shuttle. The widespread adoption of this technology was hampered by labourer opposition to the perceived danger to jobs.
To learn more about textile industry, visit:
https://brainly.com/question/2854357
#SPJ4
When purchasing new equipment, installation costs would be included as a component of.
When purchasing new equipment, installation costs would be included as a component of land improvements.
Shopping is the manner a business or employer uses to collect goods or services to accomplish its desires. Despite the fact that there are several groups that attempt to set requirements inside the buying procedure, procedures can range significantly among corporations. Shopping is a part of the wider procurement system, which generally also includes expediting, dealer excellent, transportation, and logistics. Purchasing managers/directors, and procurement managers/directors manual the corporation’s acquisition approaches and standards. Maximum agencies use a three-way check as the foundation in their shopping applications[citation needed]. This entails three departments inside the corporation completing separate components of the acquisition method.
Learn more about purchasing here
https://brainly.com/question/27975123
#SPJ4
landon will pay interest over the life of his 30-year loan. what other responsibility does he have to lender marco when he finances his loan?
Landon will pay interest over the life of his 30-year loan. The other responsibility he have to lender Marco when he finances his loan is to Pay loan-related closing costs.
What is Closing Cost?
Closing costs are the additional charges that buyers and sellers often pay in order to conclude a real estate transaction. Loan origination fees, discount points, appraisal fees, title search fees, title insurance fees, surveys, taxes, deed recording fees, and credit report fees are a few examples of these expenses. Within three days of receiving a home loan application, the lender is obligated by law to include these fees in a loan estimate form. A real estate transaction cannot be completed until closing fees have been revealed to both the buyer and the seller and have been agreed upon.
To know more about Closing costs refer:
https://brainly.com/question/1084194
#SPJ4
a company makes electronic gadgets. 2% are faulty, the company doesn't know which ones are faulty until a buyer complains. suppose the company makes a $132 profit on each sale, but suffers a loss of $12 for every faulty gadget because they have to repair the unit. what is the profit(or loss) the company can expect to make from selling 100 units?. submit answer format: number: round to: 1 decimal places. unanswered not submitted attempts remaining: 2
The expected value of the loss in dollars is 1.34.
What is expected value?The expected value is a generalisation of the weighted average in probability theory. It is also known by the names expectation, expectancy, mathematical expectation, mean, average, and first moment. Informally, the expected value is the average of a large number of outcomes chosen at random and in different ways. A weighted average of every outcome that could occur is the value that is expected from a random variable with a finite number of outcomes. The expectation is determined by integration when there is a continuum of potential outcomes. The expectation is given by Lebesgue integration in the axiomatic basis for probability provided by measure theory. It had been discussed for centuries.
To learn more about expected value, visit:
https://brainly.com/question/28197299
#SPJ4
did the louisiana law authorizing this monopoly on butchering operations in new orleans violate a constitutional right of the butchers that have been put out of business by the monopoly?
Additionally, the Court determined that the plaintiff butchers were not deprived of their property.
Briefing:-without following due process of law because they could still make a living in the area legally by killing on the property of the Crescent City Company. Therefore, the Louisiana law was found to be constitutional by the court.
A 14th Amendment violation in the Slaughterhouse Cases?The butchers appealed to the U.S. Supreme Court, which decided the case in 1873 after the state courts ruled that the law was constitutional. The law did not contravene the Fourteenth Amendment, according to the Supreme Court's decision, which was written by Justice Samuel Taylor Miller.
What was the outcome of the Slaughterhouse Cases 1873 decision by the Supreme Court?The Supreme Court decided against the other slaughterhouses by a vote of five to four. According to Associate Justice Samuel F. Miller, who spoke for the majority, the protection of newly liberated blacks was the Fourteenth Amendment's "one pervasive aim.
To Know more about property.
https://brainly.com/question/11007967
#SPJ4
A firm evaluates all of its projects by applying the irr rule. If the required return is 11 percent, should the firm accept the following project?.
The NPV is positive at the needed return of 11%, hence we would approve the proposal.
The financial concept known as net present value is meant to capture an investment opportunity's total value. Forecasting all potential future cash inflows and outflows associated with an investment, discounting each one to the present, and adding them all up is the purpose of NPV.
The PV of the inflows less the PV of the outflows is the project's net present value (NPV). The following equation represents the NPV of this project at the desired return of 11%
NPV = -$28,300 + $12,300 / 1.11 + $15,300 / 1.112 + $11,300 / 1.113
= $3,461.37
The NPV is positive at the needed return of 11%, hence we would approve the proposal.
To learn more about NPV
https://brainly.com/question/13084964
#SPJ4
communities depend on business for: multiple choice schools. health care. the arts. all of the above.
Communities depend on business for health , school, care and the arts So,it is present in all of the above.
A medical specialty called "community health" is concerned with the physical and psychological health of those who live in a certain area. This significant area of public health includes programmes that assist local residents in improving and maintaining their health, halting the spread of infectious diseases, and becoming ready for natural disasters.
The Centers for Disease Control and Prevention state that "working at the community level promotes healthy living, assists in the prevention of chronic diseases, and provides the greatest health benefits to the greatest number of people in need" (CDC).
According to Caleb Backe, a health and wellness expert at Maple for a community to have strong health, residents must look beyond themselves and exercise "collective responsibility." It emphasises the value of living a generally healthy lifestyle rather than merely focusing on the healthcare system.
To know more about Community health visit:
https://brainly.com/question/1490825
#SPJ4
hp ties its printer ink to its printers by embedding a patented printer head in its ink cartridge rather than build it into the printer. this raises the cost of producing the ink cartridge. if the government passed a law requiring hp ink to be used with hp printers, would this law increase or decrease deadweight loss?
If the government passed a law requiring HP ink to be used with HP printers, this law would decrease deadweight loss.
Deadweight loss refers to the difference in consumption and production of a service or product including government tax. It refers to the inefficiency of the market when supply and demand are out of equilibrium. Deadweight loss occurs due to ill management in the allocation of resources.
Other interventions such as price floors, price ceilings, taxation, and price controls can also result in deadweight loss. In the given situation, the cost of the production of ink cartridges will rise, but it will not add up to the deadweight loss because demand will also increase.
After the government's law, the demand for ink cartridges and HP printers will also increase, therefore a decrease in deadweight loss.
Learn more about deadweight loss here https://brainly.com/question/28044373
#SPJ4
about 88% of the increase in global food production has come from using high-input industrialized agriculture to increase yields called (the) .
The high-input industrialized agriculture to increase yields called the Green Revolution.
What is the Green Revolution?The Green Revolution, also known as the Third Agricultural Revolution (the first two being the Neolithic and British Agricultural Revolutions), is a series of research and technology transfer initiatives that took place between 1950 and the late 1960s and significantly increased agricultural production in various parts of the world, with the late 1960s showing the greatest impact. The initiatives led to the adoption of high-yielding varieties (HYVs) of grains, particularly dwarf wheat and rice. It was linked to newer techniques for farming, such as mechanization, controlled water supply (typically involving irrigation), chemical fertilizers, and agrochemicals. Collectively, these were viewed as a "package of practices" that should replace "Traditional" technology and be adopted as a whole.
To learn more about Green Revolution, visit:
https://brainly.com/question/12222646
#SPJ4
globe hotels has more cash on hand than is required to support its operations. accordingly, the company has decided to pay out some of its earnings in the form of cash to its shareholders. what are these payments to shareholders called? multiple choice dividends stock payments repurchases payments-in-kind stock splits
These payments to shareholders are called Dividends. The correct option is A.
Why are dividends paid?Dividends are payments made to shareholders based on the number of shares they own. Shareholders expect profits to be returned to them by the companies in which they invest, but not all companies pay dividends.
A dividend is a monetary or non-monetary reward given by a company to its shareholders. Dividends can be paid in a variety of ways, including cash, stock, or any other form. The dividend of a company is decided by its board of directors and must be approved by the shareholders.
Thus, the ideal selection is option A.
Learn more about Dividend here:
https://brainly.com/question/29510262
#SPJ1
which of the following refer to changes that affect the demand for loanable funds but not the supply? check all that apply. the expectations effect the income effect the liquidity effect the price-level effect
The options that refer to changes that affect the demand for loanable funds but not the supply are:
The expectations effect The income effect The liquidity effect What is the demand for loanable funds?The demand for loanable funds is a graphical representation that indicates the readiness of businessmen to borrow funds. It is proven that as the interest rate for such loans reduces, there is more likelihood of an increase in the demand for funds. There are certain factors that affect the demand for loanable funds and this includes; the expectations effect, the income effect, and the liquidity effect.
The expectations effect pertains to the likelihood of a business performing positively or negatively. If there is a positive expectation, then the interest rate will increase because the business is believed to have a high chance of success. The liquidity effect also plays a vital role. An increase in liquidity levels keeps the interest rate low.
Learn more about the demand for loanable funds here:
https://brainly.com/question/15050231
#SPJ1
the least cost theory proposed by alfred weber claims that an optimal location for industry can be most importantly determined by:
The least cost theory proposed by alfred weber claims that an optimal location for industry can be most importantly determined by identifying the sources of raw materials.
The Least Cost Theory was developed to help locate manufacturing facilities. Depending on whether the finished product weighed more or less than the raw materials, the placement might change. The hypothesis states that plants will be positioned to maximize earnings while minimizing expenses.
Finding the sources of RAW MATERIALS (R OR S) and the MARKET allows for the determination of locations (M). Lines are then lowered to show places with equal travel costs after they have been determined. The PLANT (P) should be situated where the three circles converge.
Several presumptions also underlie the Least Cost Theory.
Resources, markets, and processing facilities are all in the same nation. The climate, topography, and technology are all the same in the area under consideration.
To know more about Least Cost Theory click here:
https://brainly.com/question/27150081
#SPJ4
the relationship between the spot price and the forward price for an asset (non-dividend paying asset) is through an interest rate. what is essentially the reason for this?
An asset (a non-dividend paying asset) has a link between its spot price and its forward price through an interest rate.
The forward price is what?
The forward price is the predetermined delivery price agreed upon by the buyer and the seller of the forward contract, to be paid at a predetermined future date, for an underlying good, currency, or financial asset. A forward contract's value is initially set at zero by the forward price, but as the price of the underlying changes, the forward contract's value may change from positive to negative. The forward price is determined by adding any carrying costs, such as interest and storage fees, to the asset's current spot price.
To learn more about forward price, refer to the link below:
https://brainly.com/question/28016374
#SPJ4
Which of the following represent reasonably possible contingent liabilities?
Potential legal claims debt guarantees represent reasonably possible contingent liabilities.
A note to the balance sheet is used to display a contingent liability. Due to the full disclosure norm, contingent liabilities, which may or may not materialize in the near future, are disclosed as a footnote.
Examples of Contingent Liabilities: a company's assurances and denials of assurances. A corporation may provide a guarantee to another individual on behalf of a third party in the form of a loan to a subsidiary or a promise that another company will fulfill a contractual commitment.
To know more about Contingent Liabilities here
https://brainly.com/question/29035187
#SPJ4
the type of power that results from the leader's legitimate authority, based upon his or her position within the organization, is called coercive power.
Power that derives from a leader's legitimate authority and is dependent on the leader's position within the organization is called coercive power
What Is Coercive Power?When a person in a position of authority uses the threat of punishment to coerce subordinates into obeying their requests, this is known as coercive power. The motivation to obey is the fear of punishment. Expert power, legitimate power, reward power, and informational power are just a few examples of the various forms of coercive power.The psychologists John French and Bertram Raven who investigated and examined coercive power at the University of Michigan are credited with coining the term. The two proposed a six-type theory of power for individuals, institutions, and governments.This kind of power coerces you into doing something against your will by using force or punishment. When your supervisor threatens to dismiss you for failing to finish a project on time, for example, coercion is being used as a sort of authoritarian power to prevent insubordination.Hence, Power that derives from a leader's legitimate authority and is dependent on the leader's position within the organization is called coercive power
learn more about coercive power click here:
https://brainly.com/question/17167669
#SPJ4
for a good that is a necessity, demand group of answer choices tends to be inelastic. tends to be elastic. has unit elasticity. cannot be represented by a demand curve in the usual way.
For a great that may be a necessity, call for: Option 1- has a tendency to be inelastic.
The required details for demand in given paragraph
In case of necessity items elasticity of call for is much less than 1, because of this that call for is in elastic. In case of luxurious items elasticity of call for is extra than 1, because of this that call for is elastic.
In economics, call for is the amount of a good that clients are inclined and capable of buy at numerous fees at some point of a given time. The dating among fee and amount call for is likewise known as the call for curve. Demand for a selected object is a characteristic of an object's perceived necessity, fee, perceived quality, convenience, to be had alternatives, purchasers' disposable earnings and tastes, and lots of different options. The fee of the commodity: The primary call for dating is among capability fees of a great and the portions that could be bought at the ones fees.
Generally, the connection is poor, that means that an boom in fee will result in a lower in the amount demanded. This poor dating is embodied within side the downward slope of the client call for curve. The assumption of a poor dating is cheap and intuitive.
To know about demand click here
https://brainly.com/question/1245771
#SPJ4
a(n) introduces and familiarizes a new employee with fellow workers, company procedures, and the physical property of a company.
A(n) orientation introduces and familiarizes a new employee with fellow workers, company procedures, and the physical property of a company.
In the field of business, an orientation can be described as a small ceremony in which the new employees are made familiar to the other employees working in the firm or business.
In orientation, the objectives, company procedures, laws, terms, etc are also discussed so that the new employees get an idea about the new working platform and company.
The basic purpose behind conducting an orientation is to make the new employees somewhat familiar with the new workplace.
Although a part of your question is missing, you might be referring to this question:
A(n) --------- introduces and familiarizes a new employee with fellow workers, company procedures, and the physical property of a company.
- Development
-training
-Reference checking
-Orientation
To learn more about orientation, click here:
https://brainly.com/question/3520971
#SPJ4
When predicting or explaining a new rate of adoption and diffusion of a new product, relative advantage refers to the degree to which that product is?
The statement "When considering the diffusion of innovation regarding new products, a dominant characteristic of innovators is tradition." Is false Option B
What is the diffusion of innovation?Generally, The theory of the diffusion of innovations is an attempt to explain how new ideas and technologies spread, why they spread, and at what pace they spread.
In conclusion, Everett Rogers, a professor of communication studies, is credited with popularizing the idea with the publication of his book Diffusion of Innovations in 1962. The book is now in its fifth edition and was first published in 1962.
Read more about the diffusion of innovation
https://brainly.com/question/6631328
#SPJ1
CQ
When considering the diffusion of innovation regarding new products, a dominant characteristic of innovators is tradition.
a.
True
b.
False
which term refers to an organization's active effort to find opportunities to hire or promote people in a particular group?
Affirmative action refers to an organization's active effort to find opportunities to hire or promote people in a particular group.
An organization is a collection of individuals who work collectively, like a community association, a charity, a union, or a company. you may use the phrase company to refer to institution or commercial enterprise, or to the act of forming or establishing some thing.
An enterprise is an official institution of humans, for instance a political birthday celebration, a enterprise, a charity, or a membership. maximum of those specialised faculties are supplied by using voluntary organizations. ... a document by means of the worldwide Labour employer. Synonyms: organization, enterprise, party, body greater Synonyms of business enterprise.
Learn more about organizations here:brainly.com/question/19334871
#SPJ4
without any formal when project managers know an activity's , they are able to compare which critical activities to shorten., the president of a high-tech company remarks in a speech that new technologically advanced routers will be available in one year. this may lead to a project that must be done faster than anticipated. this is an example of reducing project duration caused by
The given situation is an example of reducing project duration caused by Imposed project deadlines.
The practice of finishing the assigned assignment or activity before the assigned deadline without any delays is known as imposing the project deadline. The phrase deadline primarily refers to the target dates that aid in finishing the project on time or earlier. When project managers are aware of an activity's status, they are able to compare whether crucial tasks should be shortened.
For example, the president of a high-tech corporation mentions in a speech that new, cutting-edge routers will be available in a year. This could force the project to be completed more quickly than expected; this is an example of how imposed project deadlines have the potential to shorten project length.
Read more about Imposed project deadlines on:
https://brainly.com/question/14821971
#SPJ4
ames has restrictions on where someone can operate a business within city limits. these city restrictions are referred to as regulations?
Ames has restrictions on where someone can operate a business within city limits. these city restrictions are referred to as Zoning regulations.
What are the different types of zoning?
Local governments can control whether regions under their control may have real estate or property used for specific purposes by zoning those areas. Residential, commercial, agricultural, industrial, or hotel/hospitality are a few examples of zoning classifications, among other more precise labels.What are the benefits of zonation?
In order to ensure complementary uses, zoning enables local and federal authorities to govern and regulate the land and real estate markets. The opportunity to speed up or sluggish development in particular areas can also be offered by zoning.Learn more about zoning
brainly.com/question/17067679
#SPJ4
what is a report for the public disclosure of financial controls and security reporting that does not contain sensitive and technical information called?
EXtensible business reporting is a
report for the public disclosure of financial controls and security reporting that does not contain sensitive and technical information.
The financial reporting (disclosure) system
that is based on the electronic data tagging
language is referred to as the eXtensible
business reporting language (XBRL).
XBRL is freely available and a global
framework that is used for the exchange
of business information and also allows
expression of semantics which is required in
reporting of business.
To know more about EXtensible business reporting visit:
https://brainly.com/question/17322675
#SPJ4
Seth is considering advertising his business using paid search results. What do you think makes paid search advertising so effective as a marketing method? look at the following statements and decide whether they are true or false.
No claims may be deemed genuine or untrue, but I'll describe why paid search advertising is so powerful for marketing.
Who are you calling an advertiser?Buying real estate to market a good, bad, or abstract notion is a commercial tactic called as advertising. The actual advertising messaging is what is typically referred to as advertisements. Reaching the demographics most apt to be interested in purchasing a company's goods or services is the aim of advertising.
Why is advertising so important?Advertising is a powerful marketing tool that can assist you in attracting customers, educating them about your products, and earning their confidence. The majority of businesses use advertising in some capacity to promote their products and services.
To know more about advertising visit:
https://brainly.com/question/14022001
#SPJ4
in a competitive market, the actions of any single buyer or seller will a. discourage entry by competitors. b. influence the profits of other firms in the market. c. have a negligible impact on the market price. d. none of the above is correct.
In a competitive market, the actions of any single buyer or seller will have a negligible impact on the market price.
A market is a place wherein consumers and sellers can meet to facilitate the change or transaction of products and services. Markets may be bodily like a retail outlet, or virtual like an e-store. other examples include unlawful markets, auction markets, and monetary markets.
Market definition affords a framework for competition evaluation. for instance, market stocks can be calculated simplest after the marketplace has been described and, whilst thinking about the capacity for brand new access, it is vital to identify the marketplace that is probably entered.
Learn more about the market here: https://brainly.com/question/25717627
#SPJ4
When a company owner practices price discrimination, the marginal revenue of an extra unit sold.
When a company owner practices price discrimination, the marginal revenue of an extra unit sold equal its price.
A corporation, sometimes known as co., is indeed a legal designation for a group of individuals with a particular goal who are either naturally occurring, legally created, or a combination of both. Members of the company collaborate to accomplish clearly stated objectives.
Companies come in a variety of shapes and sizes, including charitable organizations, corporate entities that want to make a profit, financial institutions like banks and programs, and organizations that provide services to the public like educational institutions. A business can be established as a legal entity with limited liability as long as its members fulfil or fail to fulfil their obligations in accordance with the publicly proclaimed incorporation or published policy.
The above question is incomplete, the complete question is-
Q1- When a company owner practices price discrimination, the marginal revenue of an extra unit sold
a. is less than the marginal cost
b. is greater than its price
c. equal its price
d. is less than its price
To know more about Company here-
https://brainly.com/question/27238641
#SPJ4
Many retailers fear amazon because of its vast selection and convenient ordering, but tsc isn’t worried. While amazon does carry some of tractor supply’s merchandise, tsc feels that its specific type of shopping center has a competitive advantage over amazon. What type of shopping center is tsc?.
Founded in 1938, Tractor Supply Company (often referred to as TSCO or TSC) is an American retail chain of stores that offers goods for home repair, farming, lawn and garden upkeep, livestock, horse, and pet care for hobby farmers and ranchers, pet owners, and landowners.
What sort of store is comparable to Tractor Supply?Competitors of Tractor Supply Company include Lowe's Home Improvement, Ace Hardware, The Home Depot, Harbor Freight Tools, and LL Flooring. Comparably to its rivals, Tractor Supply Company ranks third in terms of product quality.Founded in 1938, Tractor Supply Company (often referred to as TSCO or TSC) is an American retail chain of stores that offers goods for home repair, farming, lawn and garden upkeep, livestock, horse, and pet care for hobby farmers and ranchers, pet owners, and landowners.TravelCenters of America, The Home Depot, Sherwin-Williams, Lumber Liquidators, and Lowe's are among the businesses that compete with and are similar to Tractor Supply. Retailer Tractor Supply specializes in country living.To learn more about Tractor Supply Company refer to:
https://brainly.com/question/29105650
#SPJ4
ccording to traditional keynesian analysis, if the economy is in a recession, a. decreases in government purchases are less effective than decreases in taxes. b. decreases in government purchases are more effective than increases in taxes. c. increases in government purchases are less effective than decreases in taxes. d. increases in government purchases are more effective than decreases in taxes.
Keynesian economists would support spending more money than is necessary on labor-intensive infrastructure projects to boost employment and stabilize wages during recessions. When there is strong demand-side growth, the government would boost taxes to restrain the economy and avoid inflation.
Compared to Keynesian economists, classical economists are more prone to emphasize unemployment. Below, this is further discussed.
Describe unemployment
Unemployed people who are looking for job and are ready to start working right away are sometimes referred to as being unemployed.
In conclusion, classical economists pay more attention to the unemployment problem than do Keynesian economists.
More information on unemployment :
brainly.com/question/14227610
#SPJ4
Uber’s lack of knowledge of the local business environment has caused it to suspend service in several important cities. To avoid the challenges related to a lack of knowledge of the local market and local regulations, uber should have?.
Uber's international expansion becomes based in a locale-by-way-of-locale method, which clearly is the simplest approach viable. One cannot get anywhere on an identical time, regardless of one's price range.
Each locale needs specific studies and a rethinking of the emblem and of the product.
Uber launches in greater than 40 new places international. New countries include Italy, Germany, China, India and Russia. There are launches in Johannesburg, Pretoria and Cape city, marking its first African presence.
The idea for Uber became born on a snowy night in Paris in 2008, and ever because then our DNA of reimagination and reinvention incorporates on. We've grown right into an international platform powering flexible income and the motion of people and things in ever-increasing approaches.
Learn more about Uber here: https://brainly.com/question/27992542
#SPJ4
dividing a total market into several relatively homogenous groups to isolate traits that distinguish a certain group of customers from the overall market. what are the common bases for segmenting consumer markets?
To isolate demographic traits, a market's overall size is divided into numerous categories that are reasonably homogeneous. geographic, product-related, and psychographic segmentation
In addition to being useful in human geography, demographic factors are also crucial in anthropology and biology. Studying species populations can provide information that inspires environmental initiatives and changes the law governing how we treat the environment.
Statistics that characterise populations and their traits are known as demographics. The study of a population based on characteristics like age, race, and sex is known as demographic analysis.
Learn more about demographic traits here:
https://brainly.com/question/14633331
#SPJ4
