Answer:
The correct answer is letter "D": Companies can collect fuller and richer information about markets, customers, prospects, and competitors.
Explanation:
In the pursuit of obtaining more revenue, firms implement diverse approaches to study consumer behavior. <em>Preferences, frequency, </em>and <em>size</em> of purchases are core factors that companies take into consideration at the moment of planning their operations. To achieve their goal they collect data from internal sources and sometimes consider information that competitors might disclose on current and potential customers.
The U.S. health care system has been historically resistant to change due to entrenched interests from <em>entrenched health system industries which have focused more on the question of “Who pays?” which makes sense from their point of view stating that corporations are legally obligated to protect investors’ interests</em>. Health care leaders together with policymakers over time have attempted several incremental fixes by; attacking fraud, enforcing practice guidelines, reducing errors, and trying to make patients better “consumers,” by implementing electronic medical records but none of these has had much impact.
Answer: Option (C) is correct.
Explanation:
Correct option: The government lacks information about what people are willing to pay for the good.
The government have less information about the willingness to pay of the consumers. So, this creates an obstacle for the government for a efficient provision of a public good.
So, the government have no clue about the minimum that a consumer can pay, this will lead to create problem for the government.
Government don't know to whom these public goods are to be provided.
B. The mean of its sampling distribution is equal to the true value of the parameter being estimated
Answer and Explanation:
The computation of the direct labor efficiency variance is shown below;
= Standard Rate × (Standard Hours - Actual Hours)
= $22.50 × (4,760 Units × 2 hours per unit - 8,900)
= $13,950 Favourable
Hence, the direct labor efficiency variance is $13,950 favorable
We simply applied the above formula so that the correct amount could come
