Answer:
Option B External Information Research
Explanation:
John has researched about the car from external resources because asking a friend, researching auto reviews online, visiting car dealers and going for a test drive all constitutes to external sources of infromation. External source of information is dependent on the knowledge of the external sources and thier evaluation criteria.
Answer:
Mark's individual consumer surplus is $10.
Explanation:
Mark and Rasheed are at the bookstore buying new calculators for the semester.
Mark is willing to pay $75 and Rasheed is willing to pay $100 for a graphing calculator.
The price for a calculator at the bookstore is $65.
The consumer surplus is the difference between the maximum price that a consumer is willing to pay and the price he actually has to pay.
Mark's individual consumer surplus
= Price mark was willing to pay - Price he actually has to pay
= $75 - $65
= $10
It is because they are not profitable enough at first and because their development can take scarce resources away from sustaining innovations.
<h3>What does the term "disruptive innovation" mean?</h3>
It disrupts the market leader in that specific market space and fundamentally alters the industry when a new good or service is launched into an established market that performs better and typically costs less.
<h3>What exactly qualifies as a disruptive invention?</h3>
The usage of cellphones for computing purposes, such as web browsing and streaming, rather than laptops and desktop computers is another example of disruptive innovation. Thanks to technical breakthroughs, cell phones today have tiny CPUs, circuits, and software that support these functionalities.
To know more about Disruptive innovations visit:
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If an applicant is experienced, has a solid work history, and is staying within her field, the most effective format for her resume would likely be "chronological".
The chronological resume is the most used out there, it’s the employer’s favorite as it is very easy to read and it’s hard to hide anything in it.
The functional format should be used when you want to draw attention away from your work experience due to job hopping, a very long career, a very short career, long gaps, re-entering the job market and so forth.
