Fixed cost is an example of any cost that does not change when the firm changes its output, since it is an amount that is set in stone.
Answer:
B) Nancy adjusted her approach with an employee from South Korea because he had different motivations than U.S. employees.
Explanation:
Answer:
The correct answer is (D)
Explanation:
Market segmentation strategy helps to narrow down the target population based on demographic and cultural differences. It breaks the target market into small groups so that it could be more manageable for the company to facilitate the target market. To be a successful market segmentation strategy, the response of the customers must be similar and positive. If the response is similar then the strategy will succeed.
Answer:
Decline the offer
Explanation:
I would most likely decline the offer. The fact that he is selling for higher but is willing to go 10% proves the meat isn’t worth the more money. I would stick with my current supplier. Unless there is a significant difference between the meats, there is no reason for him to be selling it any higher than his competitors and the fact that he is offering a discount proves that.
Answer:
b. Non-excludable; Tragedy of the commons.
Explanation:
Bumper-to-bumper traffic on free public roads, a(n) NON EXCLUDABLE good, is an example of the TRADEGY OF THE COMMONS
Therefore NON EXCLUDABLE good can be defined as the goods in which every individual or the general public have access to use in which the use of this goods by the public does not affect it availability for use in the future meaning that such goods will still be available for the public to make use of which is why Bumper to bumper traffic on free public roads, is a NON EXCLUDABLE good because it does not restrict or exclude a person or an individual from using it. While TRADEGY OF THE COMMONS on the other hand can be defined as the way in which a person or an individual desire to use or make use of resource for their own self desire or self interest and gain without caring about other users of the same goods which inturn may lead to reduction or depletion of such resource for other users of it. But despite this tragedy of the common does not restrict or exclude the public from using or consuming it. Example of TRADEGY OF THE COMMONS is Traffic congestion.
