1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
serg [7]
3 years ago
15

Suppose you have just landed a job near the center of a city and you now need to decide where to live. If you live close to the

city​ center, your​ round-trip commute will be 15 minutes. If you live in the distant​ suburbs, your​ round-trip commute will be 60 minutes. There are lots of workers like you who work downtown. Since there are only a limited number of apartments near the city​ center, these apartments will be allocated based on
▼
both the costs and benefits only the benefits only the costs that you face. This process is known as
▼ "more bang for your buck" differentiation optimization .
Business
1 answer:
Tomtit [17]3 years ago
6 0

Answer:

Since there are only a limited number of apartments near the city​ center, these apartments will be allocated based on  <u>BOTH THE COSTS AND BENEFITS</u>. This process is known as <u>OPTIMIZATION.</u>

Explanation:

Optimization refers to calculating the change in net benefits between alternative choices, and choosing the alternative that provides the most benefits at the lowest costs.

For example, the cost of an apartment downtown will be much higher if measured as $ per square foot, but the advantage of saving 90 minutes of travel time a day might justify the extra cost.

If you are married and have children, then the extra cost of living downtown might be too high due to the amount of space needed for the whole family, therefore, it might be cheaper to spend 90 minutes a day travelling than paying an extremely high rent.

You might be interested in
During the year a donor pledged $1,000,000 in funds to a not-for-profit private charter school. The school will receive the pled
KonstantinChe [14]

Answer:

D) It would not be recorded.

Explanation:

FASB means Financial Accounting Standards Board.

Financial Accounting Standards Board is a private, non-profit organization standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the US.

No matter what kind of restriction a donor might impose, FASB standards require nonprofits to report finances in a way that makes it clear which funds have donor restrictions and which funds come without donor restrictions. FASB standards are in three categories: “unrestricted,” “temporarily restricted,” and “permanently restricted.”

Unrestricted are those items that have no donor-imposed restrictions

Temporarily Restricted are those items that were received with a donor-imposed restriction that will be satisfied in the future (generally within one year)

Permanently restricted assets are funds of a nonprofit organization that must be used in designated ways and whose principal cannot be touched.

Since the school will recieve the pledge ONLY if it is able to raise $500,000 in funds over the next year, then the pledge would not be recorded

3 0
3 years ago
In 1969, don bought a dodge dart for $2,500. he drove this car until 2003 when he bought a honda civic for $18,000. if the price
nexus9112 [7]
Close to around 15,000?
3 0
4 years ago
If you were in a debate fighting for the rights of something what techniques should you use, just curious?
Crazy boy [7]
Techniques? Hm, well I’d definitely try to reason with them. I’d rely more on logos by giving facts or data that can be proven in some type of way.

This was the best answer I could give for right now, considering that I’m currently typing with one hand. Let me know if you have any further questions.
3 0
3 years ago
Which of the following best describes information governance (IG)? a. IG is the overarching framework in which RIM resides. b. I
Rom4ik [11]

Answer: Option (A). IG is the overarching framework in which RIM resides.

Explanation: Information governance is an organization's data management-related processes, roles and controls that ensure data remains a trusted business asset. Furthermore, Information Governance (IG) is to do with the way organisations 'process' or handle information and it refers to a policy or framework outlining acceptable behaviour for managing, organising and sharing information, data and files.

4 0
3 years ago
Select the correct answers. At which stage of the product life cycle does a product reach its peak in terms of sales and profits
Ostrovityanka [42]

Answer:

D. maturity

Explanation:

A product life cycle is divided into four, namely, introduction,  growth, maturity, and decline. The concept of the product life's cycle is used as a decision-making tool to help management know when to expand to new markets, increase advertising, adjust prices, or redesign a product.

The maturity cycle is the third stage of a product life cycle. At this stage, sales revenues and sale volume reach the peak. The market get saturated with very few new customers. The product growth becomes stagnant. Profits may begin to decline at this stage.

3 0
3 years ago
Other questions:
  • Every time andres raises his hand, he receives one point. "raising his hand" is considered the:
    11·1 answer
  • If a nation exports much of its output but imports little, will it be better or worse off? How about the reverse? What if a nati
    13·1 answer
  • Strassel Investors buys real estate, develops it, and resells it for a profit. A new property is available, and Bud Strassel, th
    11·1 answer
  • A firm reports a net margin of 5.00%. The firm has 1,456,800.00 million shares outstanding. The firm has invested in a new produ
    15·1 answer
  • Economies of scale occur when a firm'sa. marginal costs are constant as output increases. b. long-run average total costs are de
    9·1 answer
  • Sharon is very enthusiastic and energetic with teams. She uses her likability and infectious personality to motivate others towa
    12·1 answer
  • You have just received notification that you have won the $2.5 million first prize in the Centennial Lottery. However, the prize
    13·1 answer
  • Sierra offers to sell Alyssa a Scottish terrier puppy for $800. Alyssa and Sierra do not discuss the dog’s ancestry, but Alyssa
    14·2 answers
  • Here is a linear demand function: Q = 10 -0.5P. Find its price function by inverting the demand function. Then find its total re
    8·1 answer
  • 1. What is the effect on the Cash account when a company sells merchandise, but allows the customer to pay later?​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!