The Scope of Systems Philosophy. As a philosophical endeavour Systems Philosophy is concerned with the classical purposes of philosophy, namely to: Clear up confusions in our concepts and ways of thinking (logic and analysis); Reflect on the nature of knowledge and how we can obtain it (epistemology);
The answer is corrosive health hazard.
The information that the organization has managed to collect will help them later on in doing (A) forecasting.
Forecasting is <u>a form of market analysis that is conducted to know more about the future target market’s characteristics, amount, and trends that relate to them.</u> This information would help the organization is choosing the right approach to market their products in order to generate the most sales.
Answer:
-$19.
Explanation:
From the question, we are given the following parameters or data and they are;
=> The Amount Kathy paid = $15.
=>The amount that Kathy was willing to = pay $ 18.
=> Price of new book= $ 37.
Therefore, we will make use of expression below to calculate the value for the Consumer surplus.
Consumer surplus = MP – AP -----(1).
Where MP = maximum price a consumer is willing to pay = $18 and AP = Actual price of a particular goods or commodity = $37.
Consumer surplus= $18 - $ 37 = -$19.