The answer that completes the statement above is DECREASED DRASTICALLY. There has been an extreme decrease of the cost of the software, hardware, and telecommunications services that are required in order to create a Website because of the high availability of different kinds of softwares, and hardwares. The supply of these services is also increased over the last decade making its cost experience a substantial decrease.
Answer:
ignored the concept of scarcity
Answer:
stringed musical instrument
Explanation:
The piano is an acoustic, stringed musical instrument invented in Italy by Bartolomeo Cristofori around the year 1700 (the exact year is uncertain), in which the strings are struck by hammers.
Answer:
escalation of commitment
Explanation:
Penny invest into the business additional funds ignoring the expected outcome of the business (the future returns are not expected to increase)
Penny is not doing the proper analysis of the past six month
The invested funds, time and other resources should not be considered they are sunk cost. The 50,000 will increase the losses not cut them as the return are not going to improve. Additional funds should be invested when there is a financial need due to other project which required more lverage and not to make up for revenues falling behind budget
Penny avoids to acknowle the true fact of the business.
