Answer:
d. the rate at which consumers are likely to adopt a new product or service.
Explanation:
Diffusion theory tends to describe that how, why and at what rate does now ideas and technology spreads. This theory is mainly focused on human capital and cannot function without it.
New ideas and technology cannot be spread until people adopt them. Therefore the focus of this theory remains at the rate at which consumers are likely to adopt a new product or service.
Answer:
It is important to consider others needs so that your online communication is not harmful to others and to your relationships.
Explanation:
Found this on quizlet and got it right so this is indeed the answer! :)
Answer:
The correct answer is ) constant returns to scale.
Explanation:
Because in the long term there are no more fixed inputs, the distinction between variable and fixed inputs disappears and there are no CFT or CVT curves. In reality, it is only necessary to look at the nature of the shape of the average cost curve in the long term. Suppose that technological constraints allow a company to choose between the construction of three plants of different sizes: small, medium and large.
This line is called the average long-term cost curve (CPLP) and shows the minimum unit cost for any production when all inputs are variable and it is possible to build all plant sizes. The dashed lines of the CPCP curves always correspond to higher costs for each production than can be obtained with plants of other sizes.
Obviously, the final choice will depend on market demand and consumer demand trends, generally favoring larger plants in future proposals. Otherwise, the medium plant will be the most attractive, due to its lower investment requirements. Usually the firm will have more than 3 sizes to choose from. When this number tends to infinity, the CPLP curve encloses the CP curves and is tangent to them.
Answer:
$1 per hour
Explanation:
Data provided in the question
Lauren pick cherries per hour for $8 per hour
And, the wage rate that Lauren earns is $7 per hour
So, the surplus made from Lauren's labor per hour is
= Lauren pick cherries per hour - Wage rate that Lauren earns
= $8 per hour - $7 per hour
= $1 per hour
Simply we deduct the wage rate from the cherries per hour so that the surplus per hour could come
A situation in which a contractual agreement led and resulted in a seller's reducing the original contract to a lesser contract value with a price difference of $1000. During this agreement, the seller or a builder agreed to have and accept a lesser consideration. The builder adjusted his agreement contract amount just to please the customer and chose their company over the other.
