Factor analysis can be used in which of the following circumstances?
A) To identify underlying dimensions, or factors, that explain the correlations among a set of variables.
B) To identify a new, smaller set of uncorrelated variables to replace the original set of correlated variables in subsequent multivariate analysis.
C) To identify a smaller set of salient variables from a larger set for use in subsequent multivariate analysis.
D) All are correct circumstances.
D
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Autumn Fair sells reusable plastic stencils for use in decorating. When graphed, the demand schedule for Autumn Fair brand stencils forms a straight line. If at $3 per stencil, 500 stencils are demanded, and at $4 per stencil, 450 stencils are ordered, how many will be ordered at a price of $6 per stencil?
a. 333 b. 350 c. 400 d. 375
In a waterfall approach to international expansion, ________
A) firms enter countries gradually in a sequence B) firms enter those countries first where the demand for the product is greatest C) countries are entered based upon the availability of government subsidies D) firms enter those countries first where the supply of raw material is greatest E) countries are entered based upon ease of entry