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Lubov Fominskaja [6]

3 years ago

12

The degree of a consumer's willingness to adopt new products and services shortly after they have been introduced is known as __

______.

1 answer:

Sphinxa [80]3 years ago

4 0

Consumer innovativeness I think.

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John is a drummer who purchases his drumsticks online. When practicing with the newest pair, he notices they feel heavier than u

Vinil7 [7]

Answer:

0.0042 is the probability of the stick's weight being 2.33 oz or greater.

Explanation:

We are given the following information in the question:

Mean, μ = 1.75 oz

Standard Deviation, σ = 0.22 oz

We are given that the distribution of drumsticks is a bell shaped distribution that is a normal distribution.

Formula:

$z_{score} = \displaystyle\frac{x-\mu}{\sigma}$

P(stick's weight being 2.33 oz or greater)

P(x > 2.33)

$P( x > 2.33) = P( z > \displaystyle\frac{2.33 - 1.75}{0.22}) = P(z > 2.6363)$

$= 1 - P(z \leq 2.6363)$

Calculation the value from standard normal z table, we have,

$P(x > 2.33) = 1 - 0.9958 =0.0042= 0.42\%$

0.0042 is the probability of the stick's weight being 2.33 oz or greater.

6 0

3 years ago

According to the concept of comparative advantage, a good should be produced in that nation where?

snow_lady [41]

According to the concept of comparative advantage, a good should be produced in that nation where its <u>domestic </u><u>opportunity cost</u><u> is the least.</u>

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

In conclusion, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

Read more about opportunity cost

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complete question

According to the concept of comparative advantage, a good should be produced in that nation where:

A) its domestic opportunity cost is greatest.

B) money is used as a medium of exchange.

C) its domestic opportunity cost is least.

D) the terms of trade are maximized.

7 0

2 years ago

To make a decision resulting in good corporate citizenship, a business should evaluate the decision based on:

Sergio039 [100]

Answer:

All of them

Explanation:

When making decisions, a business should evaluate:

Legal implications of each decision : do our decisions comply with all applicable laws and regulation?
Public relations impact : how will the public feel about our decision?
Safety risks for consumers and employees: does it affect the safety and well being of our employees and customers?
Financial implications: does our decision benefit our business?

7 0

3 years ago

an economy in which all the boys became farmers when they are adults just as their fathers and grandfathers did would be an exam

sergeinik [125]

That would be an example of traditional economy.

8 0

3 years ago

Serena's financial goal is to reduce debt. Which statement could make Serena's financial goal specific and timely?

dimaraw [331]

B. Serena should focus on a certain amount and track her spending

5 0

3 years ago