Jose rents office space for $20,000 per year. he uses the office to fill out tax returns for 1< 000 clients per year. if the office rent increases to $25,000 per year, the marginal cost of filling out tax returns will:

a. not change

b. increase by $5000

c. increase, but we cannot determine the amount of the increase with the information given.

d. increase by $5

What is the relationship among market segmentation, target markts, and consumer profiles?

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

According to the naeyc curriculum is effective when all of the following occur except