Answer:
both the leader and the participants.
Explanation:
you can't have a meeting with just a leader it's got to have participants no matter their title if it's a meeting in which those specific people have to attend wether they are senior member or other leaders, a meeting contains all the individuals called to attend it.
Consumer surplus is difference between the amount that consumers are willing and able to pay for a good or service
In this case, Nicki is willing to pay $1,100 for the camera, but she is only asked to pay 900. So Nicki has a consumer surplus of $200
The answer is NOT 21, it's 19.
9+10=19
Answer:
d. declines continually as output increases.
Explanation:
The reason for this is that when because fixed cause remains the same as output increases the average fixed cost decreases when output increases. For example the fixed cost of a factory is 10,000 and it produces 100 units. In this case we will divide the fixed cost by the number of units to find the average fixed cost. 10,000/100=100
Now when we increase output to 200 the average fixed cost will decrease.
10,000/200=50.
Mathematically we can view this as the numerator is staying constant whereas the denominator is increasing when output increases, therefore average fixed cost is declining.
Answer: 511
Explanation:
The RFM model enables a company to group its customers by their buying habits such that they can be treated accordingly to ensure repeated sales.
The three categories are:
- Date of last purchase
- Frequency of purchase
- Monetary value of purchases
The range is 0 - 5 with a higher number representing higher scores.
This particular customer will get a 5 for date of last purchase to indicate that it has been a while since they last purchased.
They will get a 1 for frequency because they haven't purchased in high frequency in a while but because they used to buy a lot, we give it a 1 instead of 0.
They will also get a 1 for the monetary value for the same reason as above.
