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Rudik [331]
3 years ago
7

1. How are people rational when they make choices?

Business
1 answer:
baherus [9]3 years ago
3 0
Rational choice theory states that individuals rely on rational calculations to achieve outcomes that are in line with their personal objectives. These decisions provide people with the greatest benefit or satisfaction — given the choices available — and are also in their highest self-interest.
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Often, products enter the Blank______ stage of the product life cycle not due to any error in strategy but because of environmen
Anna35 [415]

Often, products enter decline the  stage of the product life cycle not due to any error in strategy but because of environmental changes.

<h3>What is product life cycle?</h3>

A product life cycle is the amount of time a product goes from being introduced into the market until it's taken off the shelves. There are four stages in a product's life cycle—introduction, growth, maturity, and decline.

<h3>What is the decline stage?</h3>

The final stage of the product life cycle (after introductory stage, growth stage and maturity stage) when sales are dropping because the original need and want have diminished or because another product innovation has been introduced.

The sales of most products will decline at some stage. This can be due to factors such as technological advances, trends, innovation or changing consumer tastes. You will know when your product reaches the decline stage of its life cycle because you will notice a significant downturn in the revenue it generates.

Learn more about Decline Stage of Product on:

brainly.com/question/6960017

#SPJ4

4 0
2 years ago
A company is considering replacing an old machine, which has a market value of $75,000 and a tax basis of $50,000. The new machi
sp2606 [1]

Answer:

$90,500

Explanation:

The computation of initial cash outlay is shown below:-

initial cash outlay = New machine cost + Increase in working capital - After tax salvage value

= $145,000 + $12,000 - (($75,000 - ($75,000 - $50,000) × 0.34

= $145,000 + $12,000 - $66,500

= $90,500

Therefore for computing the initial cash outlay we simply applied the above formula.

8 0
3 years ago
Standard cost systems ______. are rarely used in practice in well-established businesses help managers budget and control costs
ziro4ka [17]

Answer:

what managers think costs should be

Explanation:

Standard cost systems are based on what managers think costs should be as opposed to actually using the prices based on what they should be. The managers accomplish these prices by estimating the costs that will be incurred by the business during the production process and then creating the costs based on their estimations.

3 0
3 years ago
Which statement describes the role of the Federal Reserve System?
zheka24 [161]
I'm studying this right now the answer is B. it controls the supply of money in the U.S. <span />
3 0
4 years ago
Read 2 more answers
In the graphs, the numbers in parentheses near the AD1, AD2, and AD3 labels indicate the level of investment spending associated
olga_2 [115]

Question: The question is incomplete. The graph was not attached to the question. Find attached of the graph.

Answer: The correct is option (D) Make no change in monetary policy.

Explanation:

At the investment level of Y the demand curve is Ad2 and the money supply is 150. Interest rate is 8. the market is already at full employment level with no inflation The answer is "D". make no change in the monetary policy.

8 0
3 years ago
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