The person is WILLIAMS JAMES.
William James is an American psychologist and philosopher. He was a leader of the psychological movement of functionalism.
One of William James quote says that the path to cheerfulness is to sit cheerfully and to act and speak as if cheerfulness is already there
A SWOT analysis looks at both internal and external factors that help or hurt your company's operations.The following four categories of factors are the primary focus of this strategy:Strengths: Your business model's best features and most persuasive selling points
The Greek letter epsilon stands for which of the following: profit cost, error elasticity, or
The quantity decrease proportional to a small price increase is known as the elasticity of demand and is typically denoted by the Greek letter epsilon.The elasticity of demand is one minus the percentage change in total revenue caused by a 1% price change.
In-store displays are one of the most prevalent types of trade sales promotion.The fact that it establishes a personal connection with your potential customers makes this the obvious choice for increasing sales.Displays in stores are a great way to promote a product by making it easy for customers to see and buy it.
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The waiting time at which 10 percent of the people would continue to hold is given as 2.3
<h3>How to solve for the waiting time</h3>
We have to solve for X ~ Exponential(λ).
then E(X) = 1/λ = 3,
= 0.3333
Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case
For 10 percent of the people we would have a probability of
10/100 = 0.1
we are to find
P(X ≤ t)
= 1 - e^(0.3333)(t) = 0.1
Our concern is the value of t
Then we take the like terms
1-0.1 = e^(0.3333)(t)
1/0.9 = e^(0.3333)(t)
t = 3 * ln(1/0.9)
= 0.3157
Answer: $3,086
Explanation:
Wrote checks totaling $41,500 in
October less $39,460 of these checks cleared in October
Wrote checks totaling $45,321 in November less $44,275 cleared the bank in November
Balance of uncleared checks
In October is $41,500 - $39,460 = $2,040
In November is $45,321 - $44,275 = $1,046
Total outstanding checks on 30 Nov is $2,040+$1,046 = $3,086
Answer: a. always declines with increased levels of output.
Explanation: the average fixed cost curve graphically illustrates or shows the relation between average fixed cost a firm incurs in the short-run production of a good or service, and the quantity produced. The average fixed cost curve always declines with increases in the level of output resulting in a negatively sloped curve. This is to say that the average fixed cost is relatively high at smaller quantities of output, which then declines as the level of production increases--the more output increases, the more average fixed cost declines. Why this occurs is that a given fixed cost is spread over an increasingly larger quantity of output and as such, firms can profitably charge a lower price with increased output.
