Answer:
False
Explanation:
The formal education setting has not been changing at the same rate with the daily changes in <em>business</em>, <em>technology</em> and other <em>socio-economic </em>elements.Therefore people who spend years studying a broad array of subjects in formal educational settings are less likely to be rewarded through education and intellectual growth.
Answer:
The percentage decrease in utilization is 83.33%
Explanation:
According to the data, we have the following:
Coefficient of variance, m = 3
Arrival rate, ra = 45 per hour
Service rate, re = 18 per hour per lane
Therefore, in order to calculate the percentage decrease in utilization when one more checkout lane is added to the system, we have to use the following formula:
So, percentage decrease in utilization = ra / (m.re)
= 45 / (3*18) = 0.833
The percentage decrease in utilization is 83.33%
Answer:
d
Explanation:
this is where the product is marketed and continues to pick up customers who will use the product repeatedly and refer others for its usage
The answer in the space provided is risk. The risk that is received
is considered by variability that may vary from a negative outcome or positive
outcome in which are being assessed and are being evaluated in order to know
them.
Answer:
b. a representation of a theory or a part of a theory
Explanation:
A model is different from theory because is a more applied and empirical representation of a situation while the theory is more abstract. An economic model is a simplified prediction of a complex and real economic behavior, it uses variables to analyze different scenarios, it also uses logical and quantitative relationships between economic processes, is usually mathematical. <em>The results of these models can lead to a new investigation, theorization or to prove theories.</em>
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