Answer:
Observability
Explanation:
In this question, the factor affecting the velocity of diffusion is observability.
This mathematical concept concerns the knowledge of an internal state of a system by the knowledge of its external outputs. (such as the white phone that determined the use of the ipad even when it could not be observed)
The dissemination occurred through the innovation of the brand and creation with consumers about the relative advantages of the brand and the diffusion of a symbolism that induces the use of a product by fad and added value.
The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:
- To understand inventory.
- Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.
<h3>What is independent demand and dependent demand?</h3>
Independent demand is known to be the demand for a given finished product. It can be a machine, a car. etc.
The dependent demand is known to be the demand for a component area of a finished good, such as the wheels on a car.
Note that the Dependent demand is one that is obtained from the demand for a finished product.
Therefore, The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:
- To understand inventory.
- Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.
Learn more about demand models from
brainly.com/question/23879110
#SPJ1
Answer:
No economic activity can happen without all three of them. However, different factors will be more or less important to different economic activities. For example, if one is engaged in subsistence farming, land is more important than the other factors. Labor and capital are important, but land is irreplaceable
Answer:
World trade organization
Explanation:
The <u>world trade organization </u>is primarily responsible for policing the world trading system and making sure nation-states adhere to the rules laid down in trade treaties signed by member states.
The world trade organization is the international body which is solely responsible for policing the world trading system. The WTO ensures that all the states within a country adhere and obey all the rules and regulations laid down in trade treaties that are signed by member states. The world trade organization also review and propagate the national trade policies, and to ensure the coherence and transparency of trade policies through surveillance in global economic policy-making.