Answer: The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable.
Answer:
D) noise
Explanation:
Since it is mentioned in the question that there were many possible customers who belong from different countries are seemed interested in the firm product but at the time when the manager explained the features of the product, there was difficulty due to heavy Texas drawl.
So this situation represents the noise and hence the same is to be considered
A contract manufacturer ("CM") is a manufacturer that contracts with a firm for components or products. It is a form of outsourcing. In the food business a contract manufacturer is called copacker.
Answer: Cognitive dissonance.
Explanation:
Cognitive dissonance is the discomfort an individual feels when they receive information contrary to beliefs they already hold. Post purchase letters and guarantee on product can help to clear doubts that might want to arise in the mind of consumers about a product they intend buying. This doubt that may want to arise is a form of Cognitive dissonance.
