You aimlessly wander the mall nearly every weekend without buying anything. When a mother with a child asks you where the nearest toy store is, you know exactly where to direct her. This is an example of Tolman's latent learning. This is further explained below.
<h3>What is
Tolman's latent learning.?</h3>
Generally, Updated in 2018 by Dr. Saul McLeod. A sort of learning known as latent is one that does not show up in the learner's behavior right away, but comes into play later on, when the right motivation and conditions are in place.
In conclusion, You spend most weekends in the mall wandering around aimlessly without purchasing anything. Because you've been around kids, you know where the closest toy shop is located. Tolman's latent learning is on display here.
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Answer:
E. Industry
Explanation:
Industry or an industry is a group of firms/businesses/manufacturers a particular kind of goods and services. In this case, the firms that makes up the industry all manufactures writing implements (such as pen, pencils and markers). Simply put, an Industry is a sector that produces good or related services within an economy.
When classifying a firm into an industry, the major source of revenue is the necessary indicator used in doing so.
A wholesaler that offers a smaller selection of services than some other wholesalers, but tries to make up for it by charging less.
<h3>Explain about the Limited service wholesalers?</h3>
Wholesalers do not sell directly to the general public instead, they purchase goods from manufacturers and other wholesalers and then resell them to other wholesalers and retailers. When full service wholesalers may not work with small business owners, limited function wholesalers often provide them specific services.
There are two basic types of merchant wholesalers: service (also referred to as full-service wholesalers) and limited-function or limited-service wholesalers. The latter group, which is further subdivided into smaller niches, provides varying levels of service in areas like product delivery, credit, and marketing.
Cash and carry wholesalers are an example of a limited service wholesaler who neither sells items on credit to clients nor provides transport facilities. Limited service wholesalers can also be categorized as truck wholesalers, rack jobbers, drop shippers, mail-order wholesalers, etc.
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The company in here is forced to sale their older inventory
because of the demand of 700 units while the inventory that last entered their
warehouse was only 600 units. Since they are following the LIFO method of
inventory, LIFO liquidation will take place and the normal gross profit will
differ than the actual profit. The sales for Rose Industries would be $21,000
(700 units x $30). The COGS should have been $12,600 (700 units x $18)
following the normal sale of inventory giving the normal gross profit as $8,400
($21,000 - $12,600). But since the demand is higher than the inventory that was
last purchased, the company needs to sell 100 units of product ab that costs
$12. Therefore, the COGS would be $12,000 [(600 units x $18) + (100 units x
$12). Therefore the actual gross profit is $9,000 which is $600 higher than the
normal gross profit.