Answer:
Switching costs
Explanation:
Switching costs: If there are not many alternative suppliers available, the cost of switching is high. Therefore, buyer power would be low. Backward Integration: If the buyer is able to integrate or merge suppliers, the buyer has greater bargaining power over the existing suppliers.
When consumers are characterized as preservers, makers, takers, changers, seekers, or escapers, this is because these reflect their "view of society."
<h3>What is economic sociology?</h3>
Economic sociology is the study of the manufacturing, distribution, transfer, and consumption of products and services using sociological concepts and methods.
Some key features regarding the economic sociology are-
- Economic sociology is especially concerned with the connections between economic activity and the rest of society, as well as changes in the organizations that contextualize as well as condition economic activity.
- Although traditional economic analysis begins with the atomistic individual, economic sociology typically starts with groups or entire societies, which it opinions as existing independently of it and partially comprising the individual.
- When economic sociologists focus on individuals, it is usually to investigate how their mutual interests, beliefs, as well as motivations to act are formed through their interactions.
To know more about the economic sociology, here
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The problem is
missing some parts but nevertheless here is the solution:
Given:
Mean is 28
Standard deviation is 5
So we denote the problem as x <= 2
For X ~ N (28, 5^2)
we are looking for the percentage:
P{X>24} = P {Z>z}
Where z = (24-28)/5 =
4/5 = - 0.80.
P {Z> -0.80} = 1 - P{Z< -0.80} = 1 - 0.2119.
Or in percentage, it is replaced as P{Z< -0.80} = 0.2119,
21.19%.
You said that S = 2(lw + lh + wh)
Divide each side by 2 : S/2 = lw + lh + wh
Subtract 'lh' from each side: S/2 - lh = lw + wh
Factor the right side: S/2 - lh = w(l + h)
Divide each side by (l + h) : (S/2 - lh) / (l + h) = w