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zheka24 [161]
4 years ago
8

List the steps of the rational model of decision making in the correct order

Business
1 answer:
oee [108]4 years ago
4 0
<span>"To do this, Violet must follow these six steps:
</span><span>Define the problem.Identify the decision criteria.Allocate weights to the criteria.Develop the alternatives.Evaluate the alternatives.<span>Select the best alternative."</span></span>
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Economic efficiency can be stimulated in a country by a government through deregulation and …
olga55 [171]
The correct answer is letter A. <span>Economic efficiency can be stimulated in a country by a government through deregulation and <u>DECENTRALIZATION.</u> 

Decentralization is the transfer of authority from the central government to the local government. When this happens, the central government is empowering the local government to boost their economies. This decision may also decongest the economic boom in small areas and dissipate the opportunity to other rural areas giving a lot of people enough opportunities and chances for work and economic growth.</span>
4 0
3 years ago
A small business that makes household products buys new injection molding equipment for a cost of $500,000. This will allow the
olya-2409 [2.1K]

Answer:

$270,000

Explanation:

Estimated increase in sales of 20%

Clothespins per year 75 tons

Sales of Clothespins 18,000 per ton

Hence

0.20 × 75 × 18,000 = $270,000

Therefore what will be the increase in revenue next year from the new equipment will be $270,000

8 0
4 years ago
Suppose that in year 1 an economy produces 100 golf balls that sell for $3 each and 75 pizzas that sell for $8 each. The next ye
mixas84 [53]

Answer:

The value of nominal GDP in years 1 and 2 respectively is:

  • $900 and $1,077.50.

Explanation:

real GDP is based on the prices of a base year and it is affected by the total output of goods and services, not the nominal value of the goods and services.

real GDP year 1 = ($3 x 100 balls) + ($8 x 75 pizzas) = $900

real GDP year 2 = ($3 x 110 balls) + ($8 x 80 pizzas) = $970

nominal GDP year 1 = ($3 x 100 balls) + ($8 x 75 pizzas) = $900

nominal GDP year 2 = ($3.25 x 110 balls) + ($9 x 80 pizzas) = $1,077.50

4 0
3 years ago
Sonor Systems undertakes its own machine maintenance. The depreciation on the equipment is $20,000 per year and operating cost i
Pachacha [2.7K]

Answer:

$570,000

Explanation:

Total machine maintenance cost calculation.

Depreciation expenses $20,000

Operating cost

($275,000 MH × $2). $550,000

Total machine machine maintenance cost $570,000

Therefore, the total machine maintenance cost of the machine is $570,000

7 0
3 years ago
Frictional unemployment is the result of
Shkiper50 [21]

Answer:

d. the search process of matching workers with jobs.

Explanation:

Frictional unemployment is also called "Search Unemployement" is base on the individual's circumstances and is independent of the economy. Commonly is the time "between jobs" when the person is searching for a new job or transitioning from one job to another. This is a temporary unemployement and it can be though like a good sign for the economy since it idemonstrates that people are looking a better job that the one they had before.

7 0
3 years ago
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