Answer: Option(a) is correct.
Explanation:
Corn chips and potato chips, both are substitute goods and thus, affect each others demand by a small changes in various factors.
In this question, a good weather increases the harvesting of corn which increases the supply of corn chips.
This shifts the supply curve rightwards as a result price falls and quantity increases. Hence, this lower price, increases the consumer surplus in the market of corn chips.
This change in the supply of corn chips will affect the demand for potato chips in the potato chips market. So, the demand curve for potato chips shifts leftwards. This shift in the demand curve, reduces the price level and quantity level. Hence, this lowers the producer surplus in the market for potato chips.
Answer: collaborative filtering
Explanation:
Collaborative filtering is a technique thta helps to filter out the things that a user can like base on how other identical users react. Here, a small sample of the people with similar taste will be chosen from a larger group.
When you view a selection at Amazon and see "Customers who bought this (item) also bought ...," you are seeing the application of collaborative filtering.
The service lifecycle should be processed to operate a new service at the stage called "service design".
<h3>What is service?</h3>
Service refers to the action done in order to provide assistance to others. In terms of it, the charges are paid for availing the services.
Everything required in transforming and run the new or updated service is described in a service design package throughout the service design stage of the lifecycle.
Therefore, it can be concluded that At the stage known as "service design," the service lifecycle should be handled in order to operate a new service.
Learn more bout service here:
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Answer:
Benjamin put together a ad hoc committee
Explanation:
Answer:
The correct answer is letter "B": Amazon has the higher revenue growth, but eBay has the higher margin.
Explanation:
By August 2018, Amazon reported a five-year gross margin average of 20% while eBay reported a five-year gross margin average of 74%. However, Amazon has outperformed eBay in terms of revenue growth since they reported revenue growth of 25,97% between 2015 and 2018 while eBay only 2,86% during the same period.
