Social media ads prompt purchase at least three times more often than e-mails, and the average order value from social media ads is thought to be 17 percent higher

Suppose that a service facility has an average line of 2 customers that must wait, on average, 5 minutes for service. How many customers are arriving per hour?

What will be an ideal response?

Which of the following is not a limitation with the Bass diffusion model?

a. the accuracy of the model declines as you get further away in time from the initial adoption point b. the accuracy of the model is much lower when competing technologies are being introduced c. the model assumes that the diffusion of a technology product depends on only supply-side factors d. the accuracy of the model is much lower when economic shocks are occurring