Which of the following is a difference between the concept development stage and the product development stage?
A. In the product development stage, an actual functional product is
produced, but in the concept development stage only a prototype
is produced.
B. In the concept development stage, an actual functional product is
produced, but in the product development stage only a prototype
is produced
c. In the concept development stage, the product is launched to the
entire target market, but in the product development stage only
focus groups are exposed to the product mock-ups.
O D. In the product development stage, sample advertisements are
developed, but in the concept development stage a full promotion
campaign is launched.

Tyler has coffee with one of his direct reports almost daily. he does this to inquire in an informal way about progress on the job, and to provide coaching and support, as well as appropriate congratulations for special efforts. tyler is exhibiting which type of managerial skill?

Consider how health insurance affects the quantity of health care services performed. suppose that the typical medical procedure has a cost of $160, yet a person with health insurance pays only $40 out of pocket. her insurance company pays the remaining $120. (the insurance company recoups the $120 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) consider the following demand curve in the market for medical care. use the black point (plus symbol) to indicate the quantity of procedures demanded if each procedure has a price of $160. then use the grey point (star symbol) to indicate the quantity of procedures demanded if each procedure has a price of $40. q d at p=$160 q d at p=$40 0 10 20 30 40 50 60 70 80 90 100 200 180 160 140 120 100 80 60 40 20 0 price of medical procedures quantity of medical procedures demand if the cost of each procedure to society is truly $160, the quantity that maximizes total surplus is procedures. economists often blame the health insurance system for excessive use of medical care. given your analysis, the use of care might be viewed as excessive because consumers get procedures whose value is than the cost of producing them.

Which of the following is not an example of one of the four mail advantages of prices on a free market economy