Answer:
$33,840
Explanation:
The computation of the depreciation per units or tons under the units-of-production method is shown below:
= (Original cost - residual value) ÷ (estimated tons)
= ($158,400 - $0) ÷ (22,000 tons)
= ($158,400) ÷ (22,000 tons)
= $7.20 per tons
Now for the year 2021, it would be
= Tons during 2021 × depreciation per tons
= 4,700 × $7.20 per tons
= $33,840
When you make one payment in full at the end of the year.
Answer:
B. bounded rationality.
Explanation:
Bounded rationality -
It refers to the idea where the decisions of the people are rational , within a limit of the specific information known and the mental capabilities , is referred to as the bounded rationality .
The concept was given by Herbert Simon .
As the thinking capacity and the information have some limit , hence the decision are also limited .
Hence , from the given scenario of the question ,
The correct answer is bounded rationality .
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