Answer:
decrease the demand for good A.
Explanation:
Under the cross price elasticity of demand, there are two goods i.e substitute goods and the complementary goods.
The substitute goods shows the positive relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is decreases and vice versa
Whereas, in the case of complimentary goods, it shows a negative relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is increases and vice versa
Answer:
detects potential problems early to prevent their occurrence.
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
This ultimately implies that, the six sigma approach to quality control detects potential problems early to prevent their occurrence.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
<em>Generally, there are two (2) main methods of achieving the six sigma approach;</em>
<em>1. DMAIC: define, measure, analyze, improve and control.</em>
<em>2. DMADV: define, measure, analyze, design and verify. </em>
Answer: Project C will be chosen.
Explanation:
The weighted scoring model refers to the project management technique that is used for weighing decisions, like prioritizing project actions, purchasing new software etc.
From the weighted score of the three projects that were given, project C has the highest score of 17, therefore it should be selected.
The factors that are vital to an organization are given importance to using this method which will help the organisation achieve their aims and make decisions. Since project C has the highest weighted score, it should be chosen.
Answer:
Option (C) MR = MC
Explanation:
An un-regulated pure monopolist will maximize profits by producing that output at which
MR = MC
here,
MR is the marginal revenue
MR is the change in total revenue resulting from the change in the rate of sales by 1 unit.
MR is also the slope of Total Revenue curve.
And,
MC is the increase in cost per unit of the goods produced.
Hence,
Option (C) MR = MC
this is an example of semantic memory
<h3>What is
semantic memory?</h3>
Semantic memory refers to general world knowledge collected by humans over the course of their lifetimes. This general knowledge is influenced by experience and culture.
You are using semantic memory when you know what an object is, the name of a color, or the name of the president. Semantic memory is critical for children and students since it allows you to recall the facts that you are learning and being evaluated on.
Semantic memory is conscious long-term memory for the world's meaning, understanding, and conceptual facts. Semantic memory is one of two types of explicit, conscious, long-term memory, which is memory that may be recovered into conscious awareness after a considerable delay (from several seconds to several minutes).
To know more about semantic memory follow the link:
brainly.com/question/4167952
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