Answer:
2. Brett is a farmer with an open field on which he can plant either soybeans or corn.
Explanation:
Scarcity in economics means the resources available to meet man's needs are limited or scarce.
In brett's case, land is limited, so he has to choose between planting soybeans and corn.
I hope my answer helps you
Answer:
What you could tell him is that you can offer to help him review all the plans appeal process as well as to help him ask the plan to review his coverage decision which will enable him to know why he had large charges in excess of his maximum out-of-pocket limit.
Explanation:
Based on the information given we were told that when he received the bill, their was large charges in excess of his maximum out-of-pocket limit which is a limit on the amount of money a person or an individual have to pay for covered medical care services in which we were still told that the large charges in excess of his maximum out-of-pocket limit also include a number of services and items he thought would be fully covered, therefore since he called you to ask what he could do, What you could tell him is that you will offer to help him review all the plans appeal process and to as well help him to ask the plan to review the coverage decision which is why coverage decision is of benefit because it enables a person or an individual to makes decision about their benefits including the amount they have to pay for their medical services plan.
Answer:
Hajj and Umrah packages which are not
Considering the situation described above, this effort is an example of using <u>image differentiation</u> to differentiate a product as new.
<u>Image differentiation</u> is a type of differentiation strategy used by business firms to differentiate their products through communications.
By using communication strategies such as written, audio, digital, advertisement, or images to differentiate between various products or from existing products, this is an example of <u>image differentiation</u>.
Thus, when Next Up Computers only changes the cover designs alone, that is a form of <u>image differentiation</u>.
This is type of differentiation is often referred to as Reputation Differentiation.
Other types of differentiation methods include the following:
- Product differentiation
- Service differentiation
- Relationship differentiation
- Distribution differentiation.
- Price differentiation.
Hence, in this case, it is concluded that the correct answer is "<u>Image Differentiation."</u>
Learn more here: brainly.com/question/14302620
Answer:
2.20
Explanation:
The Price elasticity will be:
Δdemand/ΔPrice
<u>The mid point is used to calculate the increases.</u>
Δdemand = ΔQ/midpointQ
(Q2+Q1)/2 = mid point quantity = (300+ 200)/2 = 250
ΔQ = 300-200 = 100
Δdemand = 100/250 = 0.4
<u>Same procedure is applied with the Price numbers:</u>
Δprice = ΔP/midpointP
(P2+P1)/2 = mid point price = (3+ 2.5)/2 = 2.75
ΔP = 2.5-3 = 0.5
Δprice = 0.5 / 2.75 = 0.181818
FInally we calculate the price elasticity:
Δdemand/ΔPrice
0.4/0.1818181818 = 2.2
