Answer: The correct answer is "b) the total product offering.".
Explanation: All of the components that Darius is evaluating make up the total product offering.
When evaluating the types of beds, dressers and bedside tables taking into account at the same time their reputation, guarantee and experience of each product according to the brand, it is clearly evaluating the total offer of products as a whole.
Answer:
correct option is b.0.50
Explanation:
given data
computer shop = 100 customers
purchased computer = 25
solution
we know that past data does not affect the probability of next outcome
so when they buying computer or net
so here
probability of customer buy computer is = 
= 0.5
and
probability of customer not buy computer is = = 0.5
so here chance of buying as they buying or not buying is 50 %
so correct option is b.0.50
Peter is consulting someone who sells commercial real estate. Peter wants to make sure he's in a good place business wise and that it is the best time before he makes the purchase for a new building. By consulting the agent, he can get a better understanding of when the right time to purchase will be.
Answer:
Your opportunity cost of attending a game compared with the opportunity cost facing a college student 10 years ago is:
A) higher, because more games are televised today.
Opportunity costs are the cost of choosing one alternative from another.
In this case, when college students attend college football games they are unable to do other activities, not only while they are at the stadium or going to the stadium, but they are not able to purchase other goods. The cost of those alternatives that are lost are higher now because many college football games are televised now, before if you wanted to see a game you had to go to the game. So a student is now able to watch the game while doing other activities, or saving money for buying something else.
Can this change in opportunity cost account for the decline in college football attendance?
B) Yes, because these changes increase the opportunity cost of watching football games in person.
Even though opportunity costs do not involve actual cash payments, they are still important and individuals do consider them when they are choose one option over another. E.g. imagine if you had to choose between spending a considerable amount of money by attending a game (ticket, gas, beverages, etc.) or watching that game on TV and buying a few clothes instead or going on a date, etc. What option would you choose?
New world discovery build an interdependent global economic system where each continent relied on the others to thrive. Role of Europe was to supply markets, capital, technology, Africa was to supply labor and America supplied raw materials (like metal and soil for sugar cane)
More about interdependent economic system:
Economic interdependence refers to the mutual reliance of those involved in an economic system who trade in order to receive the goods they are unable to create effectively on their own.
Such trading connections demand that a participant's actions have an impact on its trading partners, and it would be expensive to end the relationship.
Learn more about interdependent economic here:
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