The LA Galaxy understands the importance of attracting big name soccer stars like Beckham, Keane and Donovan to the team. For th
e consumer, the value of the game is created by players on the field. In other words, the creators of the service (the players) and the service itself (the game) are one in the same. This is an example of the ____________ of services.a) inconsistencyb) inseparabilityc) inventoryd) intangibilitye) irrationality
Inseparability: It refers to that thing that is not separate from each other. It is a combined service. Just like if a product is sold to a customer so along with it the repairing and warranty expenses are free of cost.
In the given example. the players and the gamer are treated as one which means that they are not inseparable.
So, all other options are incorrect except b. option
The economic order quantity is the minimum amount of inventory that a seller must keep to demand and lower the holding cost. The formula for Economic order quantity is represented by the formula:
There is one train operator with service from Baltimore to Philadelphia
Explanation:
A natural monopoly occurs when there is high fixed or start-up costs of conducting a business in a specific industry meaning a sole producer provides the good efficiently.