Answer:
go to party
Explanation:
Scale of preference can be described as a list of wants of individuals. They are usually arranged in order of importance or preference.
If the individuals vote on hanging out versus going to the play :
Abdul would vote to see a play because it is his most preferred activity
Gina would vote to go hangout because it is her most preferred activity
Shaquille would vote to hangout. this is because going to the play is his second most preferred activity
so hangout would win with 2 votes to 1 in this round.
In the next round of voting, the two contenders would be hangout and going to the party.
Abdul would vote to go the party. Going to the party is his second most preferred activity and hangout is his least preferred activity
Gina would vote to go hangout because it is her most preferred activity
Shaquille would vote to go to the party. This is his most preferred activity.
Going to the party would win the second round of voting
Product design is cross-functional, knowledge-intensive work that has become increasingly important in today's fast-paced, globally competitive environment. It is a key strategic activity in many firms because new products contribute significantly to sales revenue. When firms are able to develop distinctive products, they have opportunities to command premium pricing. Product design is a critical factor in organizational success because it sets the characteristics, features, and performance of the service or good that consumers demand. The objective of product design is to create a good or service with excellent functional utility and sales appeal at an acceptable cost and within a reasonable time. The product should be produced using high-quality, low-cost materials and methods. It should be produced on equipment that is or will be available when production begins. The resulting product should be competitive with or better than similar products on the market in terms of quality, appearance, performance, service life, and price.
Answer
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Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
If government purchases increase by $10 billion and the economy's MPC is. 8, the aggregate demand curve will shift <u>rightward by $50 billion at each price level.</u>
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A series of markets where goods and services are exchanged, facilitated by capital, combine to make an economy. These networks exist at a local, national and global level. Economies can take many exclusive forms, focus on various priorities, and feature distinct levels of government intervention.
Financial issues influence our everyday lives. This consists of problems such as tax and inflation, interest rates and wealth, inequality and emerging markets, and energy and the environment. Economic systems can be categorized into four major types: traditional economies, command economies, mixed economies, and market economies.
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