Answer:B
Explanation: The WEXS Channel 10 wanted to see how well the candidates would perform with a story that was given to them.
Answer: 2) increasing opportunity costs.
Explanation:
The Production Possibilities frontier is bowed out as it shows that for one more unit of a good to be produced, an additional unit of the other good must be given up.
This represents increasing opportunity costs because opportunity cost is the cost we incur for choosing one alternative over another. By producing more and more of one good, we give up more and more of the other good which means that our opportunity cost rises.
General Mills sold three
sizes of cereal cheerios at $2.99, $3.99, and $4.49 each. Selling
tactic used by the company is psychology pricing. General Mills used this
technique to
encourage customers to respond on emotional levels rather than logical ones.
<span>Setting
the price of the cereal at $2.99 is proven to attract more consumers than setting
it at $3.00, even though the difference is only $.01. Consumers are said to put
more attention on the first number on a price tag than the last. </span>
Answer:
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Answer:
Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.
Explanation:
Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.
- It is related to customer needs & product attributes.
- The level of implied demand uncertainly of jasmine rice is low, because the demand& supply of jasmine rice is predictable
- The jasmine rice has low contribute margin, accurate demand forecasts, low stock out rates and virtually no markdown.
- These characteristics match well with Fisher’s chart of characteristics for product with highly certain demand.
