Answer:
The correct answer is letter "C": The Buyer Utility Map.
Explanation:
Economists W. Chan Kim (born in 1952) and Renée Mauborgne (born in 1963) proposed in their book "<em>Blue Ocean</em>" (2004) The Buyer Utility Map as a tool that allows visualizing consumers' purchase journey based on certain criteria. The map consists of a six-by-six matrix, six of them being utility levers and the other six stages of the buyer experience cycle having thirty-six (36) squares in total. The matrix aims to provide help in understanding threats and opportunities for the seller.
Answer:
correlational research
Explanation:
Based on the scenario being described it can be said that the most suitable method for Professor Milton's needs would be a correlational research. This is a research method in which a researcher measures two variables, and analyzes the relationship between them. Which in this case is exactly what Professor Milton needs since he only has two variables (brain damage and intelligence levels in adults) and wants the examine the relationship between them.
Answer:
a) The demand curve for unskilled labor is vertical.
Explanation:
Someone says, "Even though the equilibrium wage rate is $8 an hour in the unskilled labor market, if we impose a minimum wage of $10 an hour, no one currently working will lose his or her job." This person must believe that the Group of answer choices demand curve for unskilled labor is vertical.
Response to prices depend on the elasticity of demand because elasticity of demand relates to how quantity demanded will fall as a result of increase in price or in this case wage rate.
A vertical demand curve is a pictorial demonstration of a perfectly inelastic demand which means that no matter how much to you increase the price no change will occur in quantity demanded as such a good is most essential to the consumers.
Therefore if the demand for labor is perfectly inelastic, it means nobody will be laid off with increase in wage rate as firms will not change their quantity demanded for labor.
Answer:
Time management is when you use your time wisely to complete certain tasks.
Explanation:
If you manage your time wisely, you will get more work done. Not managing your time will result in incomplete tasks.