Answer:
Jackie owns the property until Maria dies
Explanation:
In this specific scenario, Jackie owns the property until Maria dies. That is because, in common law and statutory law, a life estate also known as life tenancy is defined as the ownership of land for the duration of a person's life. Therefore since Mike granted life estate to Maria and not Jackie, the land is legally Maria's to do as she wishes up until the moment of her death. Once this comes to pass the land ownership is returned to Mike.
Answer:
Explanation:
Pizza quantity Change = 60-50 = 10
Income change = $12000 - $10000 = $2000
Mid point of Quantity of Pizza = (50+60)/2 = 55
Mid point of income = ($12000 + $10000)/2 = $11000
Income elasticity = 10*11,000/2000*55 = 110,000/110,000=1
Pizza is a unit elastic normal good, because percentage change in income = % change in pizza quantity
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Answer: d). Search costs; quality; trust
Explanation:
A strong brand can be an exceptionally powerful resource for competitive advantage by lowering search cost, proxying quality and inspiring trust. Lower search cost and high quality will provide a competitive advantage to the firm over other brands offering similar product. Inspiring trust of the consumers on the brand will enable them to get a large consumer base. If the customers have faith or trust in our brand then they will not buy other brands even if they sell at a lower price.
Thus, the correct option is d, Search costs; quality; trust
Answer:
Biometric
Robotics
Big data
AI technology
Virtual business process
Explanation:
There are many technologies that are emerging everyday. We are in an era where there is new thought to digitalization every hour. The experts have paced their work to contribute towards digitalization and make the business process easier. The business process has been eased but there are many impacts that an organization has to face for digitalization. There is robotics and many employees has been made redundant due to robotics as the robots perform tasks better than human and they do not need any breaks.
Artificial intelligence is also one the impact that modern day businesses face. There are decision making process which is now converted to AI and reliance is made on their results. Instead of analyses by employees and company management complete reliance is placed on AI.
