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zheka24 [161]
3 years ago
8

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

Business
1 answer:
oee [108]3 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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Answer:

B. The khaki pants

Explanation:

Opportunity cost is the benefits forfeited as a result of choosing one item or activity over the other.  It the value of the next best alternative of choice made.

Opportunity costs arise because people have to make choices every day. Choosing an item over others implies sacrificing the benefits of the others. The value or cost of the sacrificed item represents the opportunity cost.

Khaki pants are the opportunity cost. Kyla is comfortable with either blue jeans or khaki pants. He does not like black jeans. His alternatives are khaki pants or Blue jeans. Choosing blue jeans implies forfeiting khaki pants. The khaki pants are the best alternative that was missed.

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3 years ago
Last year in Candamica, consumption expenditure was $20 billion, interest, rent, and profit were $2.5 billion, government expend
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Answer:

a) $34 billion.

Explanation:

Total Expenditure=Y=C+I+G+NX

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3 years ago
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Answer:

The options for this question are the following:

A) economic

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D) demographic

The correct answer is C) ethical .

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Fraud.

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Lipstik intentionally mislabels its packaged products to conceal a defect, and gains unfair advantage by selling these defective goods to customers. Mikayla buys the lipstick based on the misrepresented information on the label and gets injured.

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