Answer: The opportunity cost is the most desirable trade-off.
Explanation: Trade-offs refer to the choosing decisions that an individual faces when choosing between two-goods or making any other economic decision. For instance, a graduate may face a trade-off between choosing a job or starting up his own business.
While, opportunity cost is simply the cost of the lost alternative. For example, if the graduate chooses to start a business then his opportunity cost is the salary foregone from going for a job.
Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost. So we can say that they are the most desirable trade-off.
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Answer:
C. Greater than $6 but not greater than $9
Explanation:
The computation of the unit holding cost per year is shown below:
As we know that
where,
Annual demand is 450 × 52 weeks = 23,400 units
Ordering cost is $35 per order
Economic order quantity is 468 units
Now placing these values to the above formula
Now to find out the carrying cost, the calculation is given below:
= (2 × 450 units × $35) ÷ 468^2
= $7.48 per unit
The carrying cost is also known as holding cost
Answer:
d. All of the above are correct.
Explanation:
a. Access to the DM may be difficult and some organizations have complicated protocols for access to top executives.
b. The organizational stauts of the researcher or the research department may make it difficult to reach the key DM in the early stages of the project.
c. there may be more than one key DM and meeting with them collectively or individually may be
All the above-mentioned factors can complicate the interaction.
Answer: It says goals can be classified as : futuristic,psychological, or educational (then ) , recreational , occupational, or personal
this is the correct answer
Explanation:
