Answer:
b. bait pricing
Explanation:
Bait pricing strategy is one that is aimed at attracting customers by presenting a price that is lower than the actual value of a product. Usually the product is limited in quantity and when buyers come in they are convinced to buy something else.
This is considered an illegal means of marketing.
I'm the given instance when the customer got to the dealership the salesperson can't find that particular car on the lot, saying maybe it was sold this morning before he got in. The salesperson offers a higher-priced car.
This is bait pricing strategy.
Answer:
(a) 3.2
(b) 10 minutes
(c) 0.8
Explanation:
Mean number of customer in service:
= Arrival rate ÷ service rate
= 24 in 60 min ÷ 30 in 60 min
= 24 ÷ 30
= 0.8
a) Average number of people in line:
= (Mean number of customer in service × arrival rate) ÷ (Service rate - arrival rate)
= 0.8 × (24 ÷ 6
)
= 3.2
b) Average time spend at the ticket office is = 10 minutes
c) Proportion of time server is busy:
= Arrival rate ÷ service rate
= (24 in 60 min ÷ 30 in 60 min)
= 24 ÷ 30
= 0.8
Answer:
Percentage of tip = 13.18% (Approx.)
Explanation:
Given:
Total amount of dinner bill = 7,589
Amount of tip = 1,000
Find:
Percentage of tip
Computation:
Percentage of tip = [Amount of tip / Total amount of dinner bill]100
Percentage of tip = [1,000 / 7,589]100
Percentage of tip = [1,000 / 7,589]100
Percentage of tip = [0.131769]100
Percentage of tip = 13.1769
Percentage of tip = 13.18% (Approx.)
Answer:
The correct answer is letter "C": negligence per se.
Explanation:
Negligence per se is a concept of the United States law that finds an act to be reckless because it violates a statute. To prove negligence per se, the victim will usually show that the defendant violated the law, the act caused the kind of damage that the statute was intended to prevent, and he was a member of the protected class of the statute.