According to the overall cost leadership competitive strategy, the company works hard to achieve the lowest production and distribution costs

Indicate whether the statement is true or false

TRUE

Business

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The primary difference in buying property subject to the mortgage instead of assumption of the mortgage is in:

a. The quality of title conveyed b. The obligation of the mortgage c. The obligation of the vendee d. The time of foreclosure

Business

Nervous cruise vacationers besiege Tatiana, their excursion coordinator, at the Port of Cozumel when they realize that all water excursions have been cancelled for no reason in particular

It takes her 2.5 minutes to find the customers an alternative excursion activity and customers cluster around her at the rate of 20 per hour. About how many customers are waiting in line to receive her valuable service if the service times are exponentially distributed and the arrivals follow a Poisson distribution? A) 2.78 B) 4.17 C) 3.25 D) 5.00

Business