Bayes' theorem allows decision makers to incorporate additional information to revise their probability estimates of various outcomes
Indicate whether the statement is true or false
TRUE
Business
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Where appropriate, analysis of past information and forecasts of trends should be carried out at the firm's department level
Indicate whether the statement is true or false
Business
A manufacturer agreed to ship items at a price of $2,000 to a retailer. The retailer's normal profit on its sale would be $1,000. The manufacturer failed to ship the goods. They are easily available elsewhere
Based on these facts what is the retailer's best remedy? A) Specific performance B) Damages C) An accounting D) An injunction E) Quantum meruit
Business