Pls type in english... Question not understandable
Answer:
False
Explanation:
The scenario described above is called Showrooming, where customers just go to a store to find out about various products. They do not buy and look for alternative cheap options.
On the other hand, automated retailing occurs when products are stored in a machine that can dispense to customers.
An example is a soda vending machine.
Answer: equal to; at their minimum.
Explanation: Marginal cost is equal to the average variable cost and the average total cost when they are at their minimum.
Thus, when average total cost is increasing, marginal cost must be above average total cost; and when at its minimum, marginal cost is equal to average total cost. Also, when average variable cost is at its minimum, marginal cost equals average variable cost.
Marginal cost is the increase in the cost that accompanies a unit increase in output; the partial derivative of the cost function with respect to output.
Answer: $500
Explanation:
Interest for the period = Amount borrowed * Interest rate * 120/360 days
= 15,000 * 10% * 120/360
= $500
Answer:
I agree with Mike because pure risks involve only possible losses. Since he owns his house, the possibility of it burning down would represent only a loss to him.
But if he buys insurance, he will pay an insurance premium which means that if the house burns down, the company will lose money, but if the hose doesn't burn down, the insurance company will make a profit. This represents speculative risk because the possibility of a gain and a loss exist.
