Answer: D) cyclical
Explanation:
Cyclical Demand is difficult to predict because it goes according to the business cycle and hence is affected on a Macro Economic scale by events at a National or International level.
This means that something could be in demand today but the demand could fall or rise sharply based on the stage of the business cycle the economy is in.
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Search up A gardener can increase the number of dahlia plants in an annual garden by either buying new bulbs each year or dividing the existing bulbs to create new plants . The table below shows the expected number of bulbs for each method
Part A
For each method,a function to model the expected number of plants for each year
Part B
Use the Functions to Find the expected number of plants in 10 years for each method.
Part C
Answer:
escalation of commitment
Explanation:
Penny invest into the business additional funds ignoring the expected outcome of the business (the future returns are not expected to increase)
Penny is not doing the proper analysis of the past six month
The invested funds, time and other resources should not be considered they are sunk cost. The 50,000 will increase the losses not cut them as the return are not going to improve. Additional funds should be invested when there is a financial need due to other project which required more lverage and not to make up for revenues falling behind budget
Penny avoids to acknowle the true fact of the business.