Answer:
Authority
Explanation:
Authority refers to the legal right to give instructions, or compel employees to act. It is the lawful rights of managers or supervisors in an organization to order their juniors. Authority permits top executives to make decisions on behalf of the organizations.
Patricia uses her authority as the manager to make decisions on behalf of the prime health club. Authority flows from top management down to the subordinates. It cannot move from the bottom to the top.
Answer:
b. X1 + X2 ≤ X3 + X4
Explanation:
b. X1 + X2 ≤ X3 + X4
The situation tells us that the sum of both 1 and 2 must be equal to the sum of 3 and 4 which is true, because if both projects 1& 2 are selected then the both projects 3 & 4 must also be selected.
The rest of the choices are wrong because
a. X1 + X2 ≤ 2(X3 + X4)
The sum of projects 1& 2 is not less than 2 times sum of projects 3 & 4 .
c. X1 − X3 = X2 − X4
If we leave project 3 then project 4 cannot be left out.
d. X1 + X2 + X3 + X4 ≤ 2
any two projects out of the four cannot be chosen. 1 must be chosen from 1&2 and the other from 3 &4.
If your income per month is $4,321 and you aren't able to spend more than 36% of your monthly income on housing... to solve:
($4,321)(0.36) = $1,555.56
Answer:
Trade-off. act of giving up one thing of value to gain another. Opportunity Cost. value of the next best alternative you could have chosen. Marginal Benefit.
Explanation:
