Iceberg storage, a leading hard drive manufacturer, recently filed for bankruptcy. While most of Iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, Iceberg invested most of its retained earnings in the effort to improve its hard drives. Once the hard-drive market drastically declined, Iceberg Storage was unable to capitalize on the new technology. Which of the following does this scenario best illustrate?a. causal ambiguity.b. knowledge diffusion.
c. social complexity.
d. path dependence.

Answers

Answer 1

Answer:

Answer:

d. path dependence

Explanation:

Based on the scenario being described within the question it can be said that this is best illustrating the concept of path dependence. This term refers to how the set of decisions that individuals face is limited due to decisions that they have made in the past that will influence them, even though the past circumstances may no longer be relevant. As is the case in this scenario as Iceberg storage decided to stick with physical devices because it is what they did in the past and it worked out for them, but since times changed it did not work out this time.

Answer 2

Answer:

Explanation:

Path dependence

Path dependency occurs because it is often easier or more cost-effective to continue along an already set path than to create an entirely new one.

While most of Iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, Iceberg invested most of its retained earnings in the effort to improve its hard drives. Iceberg should have shifted away this is a case of path dependence

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Answers

Hey there

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Why is it important to read a monthly statement closely?

Answers

Because you can 1) know the percentage rate you are being charged. 2) know if there are errors in charges. 2) to know how much you owe. 3) to know what your total balance is. 4) to see any important notices or changes to your account.

The Greens want to put an addition on their house 18 months from now. They will need to save $10,620 in order to achieve this goal. They set aside the same amount each month, and after a year discover they have saved $6,120. The Greens must adjust their plan in order to meet their goal, so they came up with the following options: Option A: Stay with saving the original amount each month but put the addition on one month later than originally planned.
Option B: Increase the amount of money they save each month by $120 from their original plan.
Which of the following statements is true?

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b.Only option B will allow them to meet their goal.

c.Both options A and B will allow them to meet their goal.

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Answers

The right answer for the question that is being asked and shown above is that: "d.Neither option A nor option B will allow them to meet their goal." The Greens want to put an addition on their house 18 months from now. They will need to save $10,620 in order to achieve this goal.

Final answer:

To meet their goal of saving $10,620 for a house addition, the Greens must adjust their saving plan. Neither option A nor option B will allow them to meet their goal.

Explanation:

To solve this problem, we can use the concept of proportions. Let's set up a proportion with the original saving plan and the amount saved after a year:

Original Plan: $10,620 / 18 months = $6120 / 12 months
Option A: $10,620 / 19 months = $6120 / 12 months
Option B: ($10,620 + ($120 * 18)) / 18 months = $6120 / 12 months

By simplifying each proportion, we can determine if the Greens will meet their goal:

Original Plan: $6120 = $6120 (True)
Option A: $6315 ≠ $6120 (False)
Option B: $10,680 ≠ $6120 (False)

Therefore, the statement 'Only option A will allow them to meet their goal' is false. The correct answer is Option A and B will not allow them to meet their goal (option d).

Learn more about Savings Goals here:

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you produce video games. it costs you $35 to make each game. You want to charge at least _______ to cover your costs.

Answers

$40 you want to charge enough to pay for them and make a profit.

In an effort to determine where the company can cut spending, Larry creates a pie chart to show how the company spends money on non-required items. Out of the $1,000 spent here, $800 was on parties, $120 on office décor, and $80 on extra snacks. What could Larry determine by looking at the pie chart?A. He could determine that the company could save the most money by cutting back on snacks spending.
B. He could determine that the company could save the most money by cutting back on office décor spending.
C. He could determine that the company could save the most money by spending $100 less in all areas.
D. He could determine that the company could save the most money by cutting back on party spending.

Answers

A circular chart is how a pie chart provides a brief overview of the proportions of each category, and further discussion can be defined as follows:

Larry makes a pie chart to show how the company spends money on non-essential things in an attempt to determine where the business can minimize spending.
$800 was spent on events, $120 on office decor, and $80 on extra refreshments out of the $1,000 spent here.
Using a pie chart, Larry determined that cutting back on party expenditures will save the most value for the business.

Therefore, the final answer is "Option D".

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It seems like the answer would be D considering the fact the parties take up a great portion of the $1,000. Hope this helps!

The consumer price index (CPI) for a given year is the amount of money in that year that has the same purchasing power as $100 in 1983. At the start of 2015, the CPI was 234.1 Write a formula for the CPI as a function of t years after 2015, assuming that the CPI increases by 2.3% every year.

Answers

Answer:

CPI (n) = 234.1 x 1.023ⁿ

Explanation:

Let P be an exponential function of n (time) with a base a:

Consumer price index = P₀ x aⁿ

where

P₀ is the CPI when n = 0, P₀ = 234.1

a = 1 + r (rate of increase) = 1 + 2.3% = 1 + 0.023 = 1.023

the CPI will increase as n increases

CPI (n) = P₀ x aⁿ = 234.1 x 1.023ⁿ

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