Explanation:
Information consists of data that has been organized to help answer questions and to solve problems.
An information system is the software that helps organize and analyze data. The purpose of an information system is to turn raw data into useful information that can be used for decision making.
Answer: Option (B) is correct.
Explanation:
Correct Option: Value of marginal product curve.
In a case of competitive and profit maximizing firm, the firm demand for labor up to the point where the wages( price of labor) is equal to the value of marginal product of labor. Beyond this point, firm will incurred a loss because the price at which labor is hired is greater than the value of product produce by him.
The value of marginal product of labor is equal to the marginal productivity of labor times the price of the product.
True................................
Answer:
To teach High School, you need a Bachelors degree.
To graduate it, you have to pass English/Language Arts · Mathematics · Science · Social Studies/History · Foreign Languages · Physical Education
Answer:
True
Explanation:
Consumer behavior is the study of the factors that influence customer's actions in the market place. Consumer's behavior seeks to understand why customers select, purchase, dispose, or consume a particular good or service to satisfy their needs and wants. It analyses the consumer processes in decision making.
Consumer behavior applies concepts from other disciplines such as psychology, economics, biology, and chemistry. Marketers use consumer behavior to understand the buying patterns of customers. The information helps businesses to identify gaps in the market and develops products to fill those gaps.