The statement that is true here is:
c.
Max has made a counter-offer.
Explanation:
Max here is giving another offer on the above of the offer that is given by Allie the travel agent.
He is trying to bargain himself into a better position in the deal and then to seal it as he can see an obvious profit in the game.
Thus, this counter deal that is offered puts both parties in a situation of advantage and either of the two can make things final or obstruct the deal spending on if they would want this deal to take place on the given terms or would want better terms.
Answer:
Correct answer is C i.e 25%
Explanation:
Arrival rate = λ = 60 / hour
Service Rate = μ = (60 * 60) / 45 = 80 / hour
Probability of no customers in the system = Po = 1 - λ/μ = 1 - 60/80 = 0.25 or 25%
Some union agreements state that current employees must be informed of upcoming new openings. This practice is called internal job posting or just posting.
When company gets new vacancy first they should give opportunity to internal employees rather than going external. Giving opportunity to current employees increases their motivational level. This also sends a positive message to employees that company thinks of their growth and career advancement and they work for the organization more seriously.
This process also helps company by saving it's time and cost as posting can be done easier because employees can be found within the firm and employer can get right feedback of the employee plus it provides short learning curve.
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The market demand curve is used to show the summation of the individual demand curves that are in a given market.
This is an incomplete question and I'll explain the <em>demand curve</em> and give you an idea on how to answer the question.
The market demand curve is used to show the summation of the individual demand curves that are in a market. The<em> market demand curve</em> shows the quantity demanded of the products at various prices.
In order to draw the graph, the <em>price </em>will be on the vertical axis, the <em>quantity demanded </em>will be on the horizontal axis.
It should also be noted that a shift to the right of the <em>demand curve</em> implies that there's an increase in the <em>demand </em>for a product while a shift to the left implies that there's a reduction in the demand for a product.
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