Answer:
Both
Explanation:
Interior design business combines both elements of service and product business. A majority of businesses in the interior design sector will offer their clients consulting services and also sell furniture and other products required to achieve the intended look. Almost all the store that sells decor and other interior designs product will offer consultation services on interior design.
The interior design business is more of a practice than a theory sector. Customers want to see, feel, and experience the final product before they can commit. Most start-ups will begin by providing consulting services only. As they grow, they set up a showroom where they exhibit and sell interior design products.
The opportunity cost of 1 desktop computer is 1/2 of a laptop. The opportunity cost is the amount of time and money spent learning value that could have been used elsewhere.
A farmer decides to plant wheat; the opportunity cost is the value of planting a different crop or using the resources in another way (land and farm equipment). Instead of driving to work, a commuter takes the train.
When considering multiple investments or business avenues, opportunity cost is the potential gain lost by choosing a different course of action. The value of what you lose when you choose between two or more alternatives is known as opportunity cost.
To learn more about opportunity cost, click here.
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Answer: true, there is an equilibrium.
Explanation:
the above game is a pure strategy. A pure strategy occur when the game is strictly determined. the criteria used to determine the pure strategy is maxi-min and min-max. max-min means selecting the least case from all best cases and min-max means selecting the best from all least cases.
Base on the criterion, the least out of all best for max-min is 1 unit and the best out of all least cases for min-max is 1 unit. the max-min is equal to the min-max,hence it strictly determined and therefore a pure strategy.
Answer:
Based on what we know, Viral Marking is so successful because it creates curiosity and desire needed to generate the demand for a product or a service.
In conclusion:
Yes, viral marketing is consistently successful.