Answer: When economists say that a good is no -rival in consumption, More than one person can enjoy the good at the same time
A good is excludable if someone can be prevented from using it. A good is rival in consumption if one person's use reduces others' ability to use the same unit of the good. Markets work best for private goods, which are excludable and rival in consumption. Markets do not work well for other types of goods.
Answer:
The answer is 1. Culture shock
Explanation:
What is culture shock?
According to Merriam-Webster, culture shock is defined as the sense of confusion and uncertainty sometimes with feelings of anxiety that may affect people exposed to an alien culture or environment without adequate preparation.
With the definition above, it is therefore safe to say that, in the case of Hayley feeling uncomfortable and disoriented in a new environment, she is experiencing Culture Shock.
<span>Intelligent agents are also known as Robots (or bots)
An intelligent software agent embodied mechanisms that are similar with humann
The only difference is all of their decision could be controlled by a single device that planted within their main microchips.</span>
Answer:
6,250 units
Explanation:
The computation of the number of units that should be sold and produced in order to break even is shown below:
as we know that
Break even point = Fixed cost ÷Contribution margin per unit
Here
Contribution margin per unit = Selling price - Variable costs
= $28 - $12
= $16
So, the breakeven is
= $100,000 ÷ $16
= 6,250 units
Answer:
See the attached pictures for detailed answer.
Explanation:
See the attached pictures for explanation.
