If Kono makes a particular choice, his utility, on average, is his expected utility.
In regular language, an average is a unmarried number taken as consultant of a listing of numbers, usually the sum of the numbers divided by means of how many numbers are inside the list (the mathematics mean). for example, the average of the numbers 2, three, 4, 7, and nine (summing to 25) is five. depending at the context, a median is probably another statistic which include the median, or mode. for instance, the common private profits is often given as the median—the number below which might be 50% of personal earning and above that are 50% of personal earning—because the imply might be misleadingly excessive via consisting of non-public earning from a few billionaires.
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<h3>International trade raises the standard of living in all trading countries.
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Explanation:
International trade is an inter country exchange of goods and services. Globally, exporting offers people and countries the ability to be exposed to goods and services that are not available in their nations, or that would cost more domestically.
Global trade allows countries to make more effective use of their resources–whether labor, technology or money. International trade usually enables countries to concentrate on those markets in which they can be most competitive and effective. In this way, international trade generally raises the standard of living of both producers and consumers.
Answer: (D) Supply management
Explanation:
The supply management is the process of managing the resources for operating the business in an organization by providing the efficient information, budget and the products in an organization.
The main objective of the supply management is that managing all the business operations and also the products according to the customer needs.
The supply management also keeping the cost of the products and the services more stable and also effectively manage the profits of the business in an organization.
Therefore, Option (D) is correct.
The corona virus pandemic effects everyone globally. It affects the supply the united states brings in from other countries. As we try not to spread the corona more we must stop our supplying from other countries meanwhile. Other countries are in the same scenario as us because they may be worried about spreading and receiving.
Answer:
$31,250.
Explanation:
(100,000 + 15,000 + 3,000 + 12,000 - 25,000 + 105,000) * 25% + 5,000 = 31,250
