Author Question: Which of the following is a disadvantage of the Internet in globalization? a. Reduced ability in ... (Read 41 times)

DyllonKazuo · **on:** Jun 29, 2018

Which of the following is a disadvantage of the Internet in globalization?
a. Reduced ability in customizing for local markets
b. Increased worker mobility
c. Cost inefficiency
d. Limited market expansion

Question 2

In real applications, all of the following complexities of heterogeneity are common except
a. a large number of humps for each coefficient
b. many coefficients
c. homogenous solutions are more accurate
d. the coefficients are correlated

sultana.d · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

C
In real applications, it is not uncommon to have a large number of humps for each coefficient, to have many coefficients, and also to find that the coefficients may be correlated (e.g., people who care more about price may care less about styling).