Answer:
B. To Purchase the laser printer
Explanation:
Rational Choice theory states that individuals should use rational calculations to make rational choices and achieved outcomes in line with their own personal objectives.
Therefore, having understood that,
Rational calculations to be used here give the data would be calculating Marginal Utility per dollar spent on each commodity.
For the the BMW, marginal utility per dollar = MU/Cost of BMW = 800/40000
= 0.02
For the laser printer, MU per dollar = MU/Cost of printer = 25/1000
= 0.025
Since MU per dollar of the laser printer (0.025) is greater than the MU per dollar of BMW ( 0.02), Jason should choose the Laser printer following rational choice theory.
Answer:
10.00%
Explanation:
Calculation for what will be your rate of return after 1 year if Microsoft is selling at $24
Using this formula
Rate of return = (Current price - Initial price ) /Current price *margin
Let plug in the formula
Rate of return=($25 per share-$24)/$25 per share*0.40
Rate of return=$1/10
Rate of return=0.1*100
Rate of return=10.00%
Therefore what will be your rate of return after 1 year if Microsoft is selling at $24 is 10.00%
Business Continuity Planning
<u>Explanation:</u>
<u></u>
Business Continuity Planning (BCP) is the procedure engaged with making an arrangement of anticipation and recuperation from potential dangers to an organization. The arrangement guarantees that work force and resources are secured and can work rapidly in case of a catastrophe. The BCP is by and large imagined ahead of time and includes contribution from key partners and work force.
BCP includes characterizing all dangers that can influence the organization's activities, making it a significant piece of the association's hazard the executives methodology. Dangers may incorporate cataclysmic events—fire, flood, or climate related occasions—and digital assaults.
When the dangers are distinguished, the arrangement ought to likewise include:
- Deciding how those dangers will influence tasks
-
Executing protections and strategies to relieve the dangers
-
Testing systems to guarantee they work
-
Auditing the procedure to ensure that it is modern
Answer:
Price; marginal cost; cost minimizing; output; Cost of production or cost of inputs involved in production
Explanation:
In perfect competition a firm is in equilibrium when its marginal cost of production is equal to the price of its product. The firm will be able to maximize profit or minimize cost at this point.
The demand curve is a horizontal line, which means demand is perfectly elastic. A change in the price will cause the demand to become zero.
The cost mentioned here is the cost incurred to employ inputs in the process of production, which is an explicit cost.
<span>The previous case that led to product tampering becoming a crime that falls under FBI jurisdiction was The Tylenol Murders of 1982, when seven people living in the Chicago area died within hours after ingesting Tylenol capsules laced with potassium cyanide.</span>