Answer:
Exposure Bias
Explanation:
Basically, exposure bias states that consumer are more likely to buy brands which have higher brand recognition than new companies with no name recognition.
Answer:
Cyclical Unemployment
Explanation:
Cyclical Unemployment occurs due to irregularities surrounding an economy and these said cycles eventually brings about recession and thus, a good number of willing workers would not be able to get jobs due to this fact. What Joseph is experiencing is called Cyclical unemployment.
Answer:
very few hierarchical levels
Explanation:
According to my research on different company organizational structures, I can say that based on the information provided within the question Herman Miller is most likely an organization that has very few hierarchical levels. This is since it is mentioned that the employees are placed in teams that are not higher or lower in rank from one another, but at the same time there is still a boss of the company. Therefore there are hierarchical levels but they are extremely few.
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Answer:
Yes, there is no need to change the eatings habits
Explanation:
Ari will maximize utility until
MU / P for both is equal in order to be at equilibrium
So, in this case,
For Hot dogs
= MU / P
where
MU is marginal utils, which is 20
P is Price, which is $2
So,
= 20 / $2
= 10
For Hamburgers
= MU / P
where
MU is marginal utils, which is 25
P is Price, which is $2.5
So,
= 25 / $2.5
= 10
Therefore, MU / P for hot dog = MU / P for Hamburger
Hence, there is not need to change the eatings habits.
Answer:
maximum
Explanation:
The newsvendor model may be defined as the mathematical model which is characterize by the fixed prices as well as the uncertain demand for the perishable products. This model is mainly used to determine the optimal inventory level.
According to the newsvendor model, there is only one opportunity to order. The cost of buying large quantities of the products may result in disposing them or selling the products at a lower price.
The optimal ordering quantity is maximum when the underage cost is higher than the overage cost.