Answer:
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Answer:
66%
Explanation:
The Best estimate of the order's perfect performance is the probability that all four factors contribute as desired.
The probability of this happening is
= (0.9) × 4
= 0.6561
or
= 66%
Simply we multiplied the four factors with the given percentage so that the best estimate of the perfect order performance could arrive
Answer:
False
Explanation:
Comparative analysis refers to comparing two or more items, processes or alternatives so as to identify trends and patterns.
Competitive monitoring refers to monitoring competitor moves with respect to their pricing and the markets of operation.
Such monitoring helps a business to react to competitors moves and devise strategies for reaping the advantages and reducing risks.
Competitive monitoring helps a company to identify right decisions as well as mistakes of the competitors which can help it in devising it's own course of action and avoid prospective losses.
Comparative analysis however does not help with competitive monitoring wherein a company through a software tacks all the activities of it's competitors.
Answer:
(E) The price floor isn’t binding.
Explanation:
The restriction imposed by the administration is that prices should not be below $30, which means that the athletic department can continue selling tickets at the current equilibrium price of $40 each. If the administration had imposed a maximum price of $30, then there would be a shortage of tickets, but since the current price meets the administration's requirements, no change should occur.
The answer is (E) The price floor isn’t binding.
