When backed by buying power, wants become ________

A) social needs
B) demands
C) physical needs
D) self-esteem needs
E) exchanges


B

Business

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Contribution margin per unit of constrained resources is calculated by dividing contribution margin per unit by quantity of the constrained resources required per unit

Indicate whether the statement is true or false

Business

A company keeping its promises and delivering services that are accurate and dependable refers to which basic customer service principle?

a. Recovery b. Reliability c. Fairness d. Wow factor

Business

Fitting a model too closely to sample data, resulting in a model that does not accurately reflect the population is termed as _____

a. approximation b. hypothesizing c. overfitting d. postulating

Business

The range is the difference between the _________ and _________ values in a group of values or set of data

Fill in the blank(s) with correct word

Business