Answer: Option(b) is correct
Explanation:
Beta-testing id the testing that is done on products in marketing and business field.Any new product's prototype is exposed to real users or consumer in the form of sample before releasing it in market.These users provide review and errors of the product after usage.
According to the question,a new product after being tested in in-house testing in company should be tested in the real environment and product user.Thus, the test that should be followed after prototype testing is beta-testing.
Other options are incorrect because concept testing,commercialization, market strategy and analysis of business process should not be followed after in-house testing .Thus, the correct option is option(b).
<span>This liquidated damages approach is ex
ante and is based on the principle that more complete contracts can be more
efficient. Liquidated damages are restricted to reparation for harm and are not
meant as penalties for certain actions. When it is problematic to determine the
actual damages incurred as a consequence of a breach, the courts may provide
relief in the form of specific performance.</span>
The answer is going to be A. Eating
Answer:
A) John will purchase 3 slices of pizza and have consumer surplus of $10.50.
Explanation:
It is assumed that a rational consumer would continue consumption only if marginal benefit is greater or equal to marginal cost.
Marginal Cost here is the cost of the pizza which is $1.50.
After the 3rd slice, the marginal cost becomes greater than marginal benefit, so it expected that John would stop consuming pizza at the 3rd slice.
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.
Here the willingness to pay of John is represented by his marginal benefits.
Consumer surplus = ($7 - $1.50) + ($5 - $1.50) + ($3 - $1.50) = $10.50
I hope my answer helps you
Answer:
product market
Explanation:
correct answer is product market because In economics, the product market refers to the market for the finished products to corporations and the financial sector.
so working on raw inputs or other intermediate inputs does not prioritize the sale of finished goods.
so it is product market