Answer:
a. inattentional blindness
Explanation:
The inattentional blindness is a phenomena in which an individual fails to notice the surrounding details which are clearly visible to the individual that may unexpected or unnecessary for the individual as the individual has his attention on some another thing which can be an event or the task or some object.
Answer:
C. A proposal of products that will solve the prospect's problems.
Explanation:
With regards to the above scenario, both Joan and Sarah put together a proposal of products that will solve the project's problems by critically analyzing the needs of the huge new prospect and providing various options.
Here, both staff knew the need of the prospect hence are able to come up with necessary questions and various solutions that would address the needs.
In addressing a need, various alternatives to providing solution to that need must be made available which is what was provided to the huge new client.
Answer:
The correct answer is: a new law that interferes with economic efficiency.
Explanation:
A production possibilities frontier shows all the points where production is efficient. The resources are being completely employed. The points above the frontier are unattainable. The points below the frontier are attainable but inefficient.
If there is a movement from the frontier to a point below it. This means inefficient allocation of resources. It can happen because of some law interfering in efficient allocation of resources.
Answer:
The Erie Canal
Explanation:
When it opened it dramatically decreased the cost of shipping while reducing the time to travel to the West.
Answer:
335.43 million gallons
Explanation:
price elasticity of demand (PED) = % change in quantity demanded / % change in price
PED = -1.9% / 10% = -0.19, very inelastic
expected price increase $0.40
% change in price = ($3.45 - $3.05) / $3.05 = 13.11%
% change in quantity demanded:
-0.19 = D / 13.11%
D = 2.49%
quantity demanded will decrease by 2.49%, from 344 million gallons to 335.43 million gallons
