Why is it important to calibrate scientific instruments regularly? To change the units of measurement To ensure they provide accurate readings To increase the sample size To reduce the amount of data collected

50. Marginal Productivity The production function \( z \) for the United States was once estimated as \[ z=x^{0.7} y^{0.3}, \] where \( x \) stands for the amount of labor and \( y \) the amount of capital. Find the marginal productivity of labor and of capital. 51. Marginal Productivity A similar production function for Canada is \[ z=x^{0.4} y^{0.6} \text {, } \] with \( x, y \), and \( z \) as in Exercise 50 . Find the marginal productiv- ity of labor and of capital.

When a company analyzes its customers' buying habits to gain insights into product offerings and pricing strategies, which aspect of the SWOT analysis is it primarily focusing on? Threats. Strengths Opportunities Weaknesses

In a newspaper advertisement for a hybrid car, which of these presentation methods would be most effect a technical diagram of the hybrid engine and why it works a quote from a famous actress on why she bought a hybrid a chart showing the rising price of gas

What BEST describes personal selling? Advertising products to a mass audience Online marketing through social media One-on-one interaction with potential customers Conducting market research

Provide a detailed explanation of the factors that influence product bundling strategies in marketing. How can businesses effectively implement product bundling to enhance their product/service mix and meet customer needs? Customer preferences, demand, and complementary items shape product bundling. This strategy enables businesses to provide cost savings and convenience to customers. Product bundling is a one-size-fits-all strategy and does not vary between businesses Product bundling is solely driven by the desire to increase sales, and businesses should bundle all their products together. The significance of product bundling varies with a company's size and doesn't necessarily cater to customer needs.