Answer:
The expected profit is:
$5.
Explanation:
a) Calculations:
Profit from customers paying $10 = $6 ($10 - $4)
Profit from customers paying $8 = $4 ($8 - $4)
Expected profit from customers paying $10, = $6 x 0.5 = $3
Expected profit from customers paying $8, = $4 x 0.5 = $2
Total expected profit = $5.
The expected profit is the profit from customers paying $10 weighted with probability plus the weighted profit from customers paying $8. Adding the expected profit from each class of customers gives the overall expected profit combined.
The U.S. Government Rental Car Program is an excellent example of a very effective working relationship between government and industry to provide quality vehicles at reasonable prices for federal travelers on official travel. U.S. Government Rental Car Agreement Number 4<span> governs the rental of vehicles (passenger cars, sports utility vehicles, station wagons, passenger vans, and small pick-up trucks) by military members, employees of the Federal Government, and employees of the United States Postal Service while in official travel status and when such rental is authorized by the Government.
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Answer:
Option (d) attitude
Explanation:
In the terms of marketing and advertising attitude is defined as the emotions or the beliefs that a consumer develops towards a product or service which leads him to make a perception about the product or service.
This attitude towards the product or the services are difficult to change in a consumer.
Answer: The correct answer is 1) They help prosecute companies that sell unsafe products to consumers. And 4) They help consumers identify the best product reviews from various sources.
Explanation:
Consumer programs are all those that were created to provide the customer with the correct information about the products and their quality.
Nowadays, with the competition between the companies that present the same product, the client can feel confused about what product to consume. Still, through the consumer programs, the person can choose the best product depending on the program review, but in this way, You will be sure to select the right product based on your needs.
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