Assume that the number of customers who arrive at a water ice stand follows the Poisson distribution with an average rate of 6.4 per 30 minutes. What is the probability that exactly two customers will arrive during the next 15 minutes?

According to counselor and public relations professor Barry Zusman, what should you do to pare for public relations employment?

A) Become a strong writer. B) Be prepared to accept a low starting salary. C) Focus on perks. D) Learn about health care.

The approach by a firm to give away a base product and make money on the complementary products required to make the base product useful is called:

a. installed base pricing b. no alternative pricing c. captive product pricing d. monopolistic pricing e. predatory pricing