Answer: Prospector
Explanation: In simple words, a prospector refers to an individual or an entity that keeps exploring its environment for some personal goal. Usually these entities keeps continuous researching for innovation so that new products and practices could be developed.
In the given case, Free spirit keeps searching for new product development
and uses different platform for their promotional purposes.
Hence from the above we can conclude that it free spirit is a prospector.
Answer: This tendency to make assumptions is referred to as CLOSURE.
Explanation: CLOSURE is defined as the experience of an emotional conclusion usually to a difficult period. This is usually done bearing in mind that the experience is open to more than one meaning, interpretation or explanation. In this case, the information given to the employees is a polysemy/ambiguous making their assumptions referred to as closure.
I do not agree with the given statement that is "Only variable costs can be differential costs.".
The difference in the costs of two alternative decisions is referred to as differential cost.
When a company is faced with several similar options, it must make a decision by selecting one and discarding the other.
Variable costs in cost accounting are costs that vary according to how much a company produces.
Variable costs are typically proportional to output.
As a result, the cost difference between two alternatives, rather than the fixed and variable nature of costs, is relevant for decision-making.
Hence, I disagree with the statement given in the question.
Learn more about variable cost:
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Answer:
C. farmers would not be able to sell all their wheat.
Explanation:
At a price of $4, quantity supplied exceeds quantity demanded. Quantity supplied is 73 while quantity demanded is 50. There is an excess supply over demand. Therefore, farmers would not be able to sell all their wheat.
Equilibrium price is $2. This is where quantity supplied equals quantity demanded.
I hope my answer helps you
