Answer:
B. the pain of losing $1,000 on a bet exceeds the pleasure of winning $1,000 on a bet.
Explanation:
A risk averse person is an individual or person rather who prefers lower returns with known risk than higher returns with unknown or higher risks. In this case, the individual prioritizes preservation of capital at hand over the potential of a more than average return. In this scenario, for a risk averse individual, the pain of losing $1,000 on a bet exceeds the pleasure of winning $1,000 on a bet based on the high uncertainty attached to winning the $1000 bet.
Answer:
a. $196
b. $88
c. $88
d. $88(x)
e. $20
f. $88
Explanation:
Given:
Rent = $20
Cost per Tux = $88
x = Number of tux
- Since $20 is rent regardless , how many tuxes we rent
Cost function C(x) = 88(x) + 20
A. Cost of renting two tuxes
C(2) = $88(2) + $20
= $176 + $20
= $196
B. All tuxes has same cost, so cost of second tux = $88
C. All tuxes has same cost, so cost of tenth tux = $88
D. Here variable cost means value of tuxes , so variable cost = $88(x)
E. Here rent is described as fixed cost = $20
F. Marginal cost = change in cost / change in quantity
= ${(2*88) -(1*88)} / 2-1
= $88
Answer:
Average daily demand (d) = 15
Lead time (L) = 3 days
Value of Z = 2
Standard deviation of demand during lead time = 5
Reorder point = d × L + (Z × standard deviation of demand during lead time)
= 15 × 3 + (2 × 5)
= 45 + 10
= 55
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Below are the choices that can be found from other sources:
<span>1.Taxation
2.e-commerce
3.physical places of business
4. Stock market
</span>
I think the answer should be e-commerce
