Answer:
8. The opportunity cost is c. wearing the shoes
9. To gain the most satisfaction possible
10. A new toy is less exciting to a child with many toys
Explanation:
<u>Explanation</u>:
A trade school is becoming popular this because it serves as a home to acquire technical education.
Thus anyone who wants to learn a skill having no prior experience is a best fit for trade school. A major benefit of the trade school is that it provides practical lessons to students, often times they are grouped together in peers for projects which encourages group learning.
Answer:
The correct answer is Option B
.
Explanation:
As per the data given in the question,
Eligible for legal citizenship = 63%
Error = 3%
Level of confidence = 95%
Here, the CI is 63% ± 3% , which means 60% to 66% and this indicates that with 95% confidence, the true proportion lies between this interval
This is shown by option B
Hence, option B is correct answer
Answer: <u>PRODUCT MODIFICATION</u> refers to changing one or more of a product's characteristics; while, a <u>LINE EXTENSION</u> is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.
Answer:
2) Set the price of each piece of furniture equal to the marginal cost of producing it.
Explanation:
What happens in two-part tariff is that the producer recovers the entire cost of producing by charging price equal to the marginal cost.
This helps him recover cost and the entire fee the producer charges results in profits eventually. Hence, the profits is the consumer 'surplus' that we calculate given that the price of product is equal to marginal cost.
So answer here is 2- Set the price of each piece of furniture equal to the marginal cost of producing it.
