If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the text), and if the profit resulting from the last unit being sold (Cu) is $120 and the loss resulting from that unit if it is not sold (Co) is $360, which of the following is the probability of the last unit being sold?
A. Greater than 0.90
B. Greater than 0.25
C. Greater than 0.85
D. Greater than 0.75
E. None of these
Answer: D
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Which of the following is true about portfolio diversification?
A) It reduces performance stability. B) It increases dependence on a single product. C) It allows a business to take advantage of offsetting product life cycles. D) It restricts a business to a single market. E) It reduces opportunity for growth.
The moral of the product life cycle is that companies must continually innovate; otherwise, they risk extinction
Indicate whether the statement is true or false
A foreign key is not a unique identifier.
Answer the following statement true (T) or false (F)
_________ takes an external perspective and is concerned with the industry within which firms operate and behave as producers, sellers and buyers of goods and services.
a. Resource-based view b. Value chain c. Industrial organization d. Macro economics