Answer:
False
Explanation:
His opportunity cost would be the cost of the next best option forgone when alternative A is chosen.
The decision of the firm to purchase a fleet of climate controlled trucks for distribution of its product is an example of ·Differentiation strategy.
<h3>
What is a Differentiation strategy?</h3>
A differentiation strategy is a strategy adopted that make the offered goods or services more unique compared to their competitors.
In conclusion, majority of firms use the differentiation strategy to the differentiate between their products and the competitors.
Read more about Differentiation strategy
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Answer:
Scenario 1: A risk-averse person will choose option B.
Scenario 2: A risk-averse person will choose option D.
Scenario 3: A risk-averse person will choose option F.
Explanation:
a) Data and Calculations:
Scenario 1:
Option A Winning Expected
Probability Value
50% $1,000 $500
50% 0 0
Total winning = $500
Option B Winning Expected
Probability Value
100% $500 $500
0% 0
Total winning = $500
Scenario 2:
Option C Winning Expected
Probability Value
40% $90 $36
60% 110 66
Total winning = $102
Option D Winning Expected
Probability Value
100% $90 $90
Scenario 3:
Option E Winning Expected
Probability Value
50% $0 $0
50% 100 50
Total winning = $50
Option F Winning Expected
Probability Value
50% $20 $10
50% 60 30
Total winning = $40
b) The risk-averse person tries to avoid risks at all times. Her choice of investment favors an option that has a 100% probability of winning, thereby eliminating risks in all ramifications. This is why she is never indifferent between two options as she factors in the probability of losing.
Answer:
by allowing new firms n hire as many youth as mass
Answer:
D. InFocus conducts focus groups to determine its target market.
Explanation:
Just took the test!