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EastWind [94]
4 years ago
12

If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the tex

t), and if the profit resulting from the last unit being sold (Cu) is $120 and the loss resulting from that unit ifit is not sold (Co) is $360, which of the following is the probability of the last unit being sold?A. Greater than 0.90B. Greater than 0.85C.Greater than 0.75D. Greater than 0.25E. None of these
Business
1 answer:
Lilit [14]4 years ago
8 0

Answer:

C.Greater than 0.75

Explanation:

Given

Cu = $120

Co = $360

We know Probability P <= Cu/(Cu + Co)

P = 120/(120 + 360)

   = 120/480

   = 0.25

P is the probability of unit is will not sold and 1-p is the  probability of unit that will sold

1 - p = 1 - 0.25

       = 0.75

probability of the last unit being sold should be greater than 0.75

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Answer:

c. They are often based on achievement

Explanation:

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Which of the following is true? AChecks and Debit Cards both withdraw money directly from a bank account. BDebit cards offer the
lianna [129]
A is true. 

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3 years ago
Which firm would an economist most likely label as an oligopolist? Choose one: A. This firm is one of many successful pest exter
RoseWind [281]

Answer:

C. This firm is one of a handful of cement manufacturers in a small country. There are barriers to entry due to the necessity of controlling specific resources to make cement.

Explanation:

An oligopoly is defined as a market situation where a few businesses exist in a given market, with none of them having ability to keep others from having significant influence.

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But the number must be small enough that the actions by one firm significantly affects others.

When a firm is one of a handful of cement manufacturers in a small country, and there are barriers to entry due to the necessity of controlling specific resources to make cement. It is an oligopoly

7 0
3 years ago
Imagine that a food critic visits your restaurant and writes a positive review that was then published in a magazine. This is an
BartSMP [9]

Answer:

Good Quality or Service

Explanation:

This is a very general question however I’ll try to answer it to the best of my knowledge.

This is an example of Good Quality or Service OR Public Relations or Promotion.

Good Quality or Service – The food quality or the service at the Restaurant must be very good that the food critic was so impressed that he/she published this review on the magazine so that others may try the delicious food of this Restaurant.

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In my opinion, Good Quality or Service is more relevant in this scenario.

3 0
3 years ago
The potential performance benefits of a multicore organization depend on the ability to effectively exploit the parallel resourc
wolverine [178]

Answer:

True

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Therefore, performance benefits of a multi organization can be obtained, only when the organization exercises the ability of exploiting all the resources available in the market, related to the organization, which are termed as parallel resources in business language.

Thus, the above stated statement is

True.

8 0
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