_____ is the science of making machines imitate human thinking and behavior.
Fill in the blank(s) with the appropriate word(s).
Artificial intelligence (AI)
Artificial intelligence (AI) is the science of making machines imitate human thinking and behavior.
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Which of the following is true of how an implied warranty of merchantability is created?
A) It is made by the buyer or lessee. B) It is implied by law if the seller or lessor is a nonmerchant. C) It is implied by law if the seller or lessor is a merchant. D) It has to be explicitly expressed in a contract.
A business has the following transactions:
" ¢ The business received $20,000 cash and issued common stock to stockholders. " ¢ The business purchases $500 of office supplies on account. " ¢ The business purchases $4,000 of furniture on account • The business renders services to various clients totaling $11,000 on account. • The business pays out $3,000 for salaries expense and $5,000 for rent expense. • The business pays $600 to supplier for the office supplies purchased earlier. • The business collects $1,000 from one of its clients for services rendered earlier in the month. At the end of the month, all journal entries are posted to the ledger. Accounts Payable will appear as which of the following? A) B) C) D)
A simulation model is valid when it represents:
a. The correct real-life system. b. The real-life system correctly. c. Both a and b d. Neither a nor b
Apple iPhoneApple Inc. iPhone went on sale on June 29, 2007. Apple's loyal and enthusiastic customer base is known for rushing to purchase its new products and the iPhone enjoyed a tremendous amount of "buzz" before its introduction. As expected, the iPhone entered the market at what many believed to be a high price ($599). However, within weeks the price was reduced to $399. By the end of 2007 over 8 million iPhones had sold in the U.S. marketplace. By most, if not all measures, the original iPhone was a huge success for Apple and it exclusive U.S. carrier AT&T.On July 11th, 2008, Apple Inc. released the iPhone 3G, which it advertised as twice as fast as the original iPhone for half the cost. However, in order to obtain an iPhone at the new price of $199, buyers had to agree to a
two-year service contract with AT&T. This allows iPhone users to receive phone calls and email, and search the web on the same device. A single charge of $59.99 from AT&T included 450 minutes of cellular calls, with free nights and weekend minutes, unlimited data, visual voicemail, 200 text messages, rollover minutes, and unlimited mobile-to-mobile service within the AT&T network. This approach succeeded and over a million iPhone 3Gs were sold during the introductory weekend.Refer to Apple iPhone. When the iPhone 3G was released at half the cost of the current iPhone, it appeared that Apple's strategic focus had shifted from maximizing profits to gaining market share. Its lowered price was consistent with the _____ pricing approach. A. price-bracketing B. penetration pricing C. price-lining D. price-fixing E. price skimming