Answer:
The Purpose of Refrigeration. The fundamental reason for having a refrigerator is to keep food cold. Cold temperatures help food stay fresh longer. The basic idea behind refrigeration is to slow down the activity of bacteria (which all food contains) so that it takes longer for the bacteria to spoil the food.
Answer:
No
Explanation:
A licensing agreement is a partnership between an intellectual property rights owner (licensor) and another who is authorized to use such rights (licensee) in exchange for an agreed payment (fee or royalty).
Molly cannot simply pick up where she left off because two years after the license expires, all license rights lapse. Molly must re-qualify through the examination process before being licensed in real estate once again.
Answer:
A. Applying different analytical approaches.
Explanation:
In decision making, it is advisable to apply different analytical approaches. In doing this, you are able to know the pros and cons of the different approaches.
This will thus help one narrow options for increased decision-making effectiveness.
<span>Two big issues that could arise are inflation and trading wars. Inflation could arise when the currency is devalued, if not done properly, which would lower the buying power of the nation's residents. Second, if quotas and tariffs are implemented incorrectly, trading partners could implement their own increases on prices to products, leading to a trade war that could damage the overall economic output.</span>
Answer:
3. Correctly ignored a sunk cost
Explanation:
Sunk costs refer to those costs which have been incurred in the past, which are non recoverable and which have no current or future benefits.
Sunk costs are considered as irrelevant for decision making process as they do not relate to current period and have no future implications. For example, research and development expenditure incurred in the past represents a sunk cost.
In the given case, the ticket for opera was already purchased for $100 which can now neither be recovered nor transferred. Thus this cost is irrelevant for decision making as expenditure has already been made. When Shen decided to go for a party instead of the concert, Shen has correctly ignored a sunk cost.
