What is the set of techniques in the making of decisions, wh looks at them subjectively and does NOT translate all conces O Cost-Benefit Analysis O Cost-Effective Analysis O Co-Payment O Just ask your economics professor.
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- . How does economics play a role in decision-making at Asian Paints?Please answer this specificly so o can understand how to do it. Thank you!to treat a sore back Kyoko undertakes a course of physical therapy.Kyoko's marginal benefit from her first physical therapy session is $250 from her second its $225 , from her third its $175 anf from her its $100. physical threapy sessins cost $175 each. assuming kyoko's final physical threapy session will earn her zero consumer surpus, kyoko will have _ physical threapy sessions and her total consumer surpus will be_ A .four, $0 B. three, $100 c. four, $125 d. three, $125
- QUESTION 19 If one fails to account for implicit costs in decision making, then the cost-benefit rule will be flawed because, O A. the costs will be overstated O B. the costs will be understated C. the benefits will be overstated D. the benefits will be understated.Ans all.. otherwise don't giveplz choose correct option and do explain.
- The condition that arises because the availableresources are insufficient to satisfy wantsSelect one:O aa. ScarcityO b. DeflationO c. CredibilityO d. Rationalityart 1 of O Points: 0 of 1 Previous Question A municipal solid-waste site for a city must be located at Site A or Site B. After sorting, some of ti plant are shown in the table below. hsported to an electric power plant where it will be used as fuel. Data for the hauling of refuse from each site to the power Site A Site B Average hauling distance 5 miles 4 miles $110,000 Annual rental fee for solid-waste site $4,000 Hauling cost $1.43/yd"-mile $1.43/yd'-mile If the power plant will pay $8.06 per cubic yard of sorted solid waste delivered to the plant, where should the solid-waste site be located? Use the city's viewpoint and assume that 200,000 cubic yards of refuse will be hauled to the plant for one year only. One site must be selected. The total cost of locating the power plant at the Site A is $. (Round to the nearest dollar.)The concept of opportunity cost is that the economic cost of using a factor of production is the alternative use of that factor that is given up. O the cost of production varies depending on the opportunity for technological application. O taking advantage of investment opportunities involves costs. O in a market economy, taking advantage of profitable opportunities involves some money cost.
- Principles of Economics S1 20/21 n 6 Quiz navigation Suppose the cost of operating a 75 room hotel for a night is $6,000 and there are 5 empty rooms for tonight. If the marginal cost of operating one room for one night is $40, the hotel manager should rent one of the 1. 2. 4 red empty rooms only if a customer is willing to pay d out of 10 11 12 13 14 O a. more than $40, as the average benefit will exceed the marginal cost. 9 question 19 20 O b. more than $80, as the marginal benefit will exceed the marginal cost. Finish attempt.. WEE C. more than $40, as the marginal benefit will exceed the marginal cost. Time left 0:27:12 d. more than $80, as the average benefit will exceed the marginal cost. Next page evious page 3.In the graph, what is the sum of conSUmer and producer sumpla 18 140 12- 2- 10 15 20 Quartity O $30 O $140 O $50 O SO Price 10The manager of the donut shop tells you that hesells donuts for $1 each, and that if he were to makeadditional donuts, based on his current level ofoutput, it would cost him $0.80 per donut. Do yourecommend that the manager increase or decreasethe number of donuts he makes?