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frutty [35]
4 years ago
7

If ty chooses a smart phone simply because he perceives it to be rated highest on megapixels, which he believes is the most impo

rtant attribute in a smart phone, he is using a(n) ________ to help make his purchase decision.
Business
1 answer:
Stels [109]4 years ago
7 0
If ty chooses a smartphone simply because he perceives it to be rated highest on megapixels, which he believes is the most important attribute in a smartphone, he is using a(n) lexicographic heuristic to help make his purchase decision. The study of heuristics analyzes how people make decisions when optimization is out of reach. It focuses on two questions, the first and descriptive, and the second is normative.
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You pay $5,500 per year for insurance on your building. Fire damage caused $15,000 in repairs. The insurance company paid for th
ElenaW [278]

Based on the amount you pay now and the increase in insurance premiums, your annual insurance costs next year would be $6,325.

<h3>What is the next insurance cost next year?</h3>

The annual cost of insurance refers to the amount that is paid in premiums in a year.

That cost is currently $5,500 but will increase by 15%.

= Current insurance cost x ( 1 + rate of increase)

Solving gives:

= 5,500 x ( 1 + 15%)

= $6,325

Find out more on insurance cost at brainly.com/question/4953989.

6 0
2 years ago
A company estimates that the revenue (in dollars) from the sale of x doghouses is given by R(x)=14,000ln(0.01x+1). Use the diffe
melamori03 [73]

Answer: The change in revenue for the sale of 1 more doghouse $ 66.67 dollars

Explanation: Differential is a function that can be used to approximate function value with a great degree of accuracy. This is done by the following.

Mathematical definition of derivative: f'(x) = lim f(x+Δx) - f(x)/Δx.

If Δx is very small:

f'(x) . Δx ≅ f(x+Δx) - f(x)

Knowing that Δy ≅ f(x+Δx) - f(x) and the diferential of variable x can be written by dx as the variable y can be dy:

dy = f'(x) dx

which means that the differential dy is approximately equal to the change Δy, if Δx is very small.

For the question, R(x) = y(x) = 14,000ln(0.01x+1)

f'(x) = \frac{d[14,000.ln(0.01x+1)]}{dx}

Using the chain rule, the derivative will be:

f'(x) = 14,000.\frac{0.01}{0.01x+1}

dy = 14,000.\frac{0.01}{0.01x+1}.dx

dx is the change in x. For the question, the change is 1 (1 more doghouse) and x is 110:

dy = 14,000\frac{0.01}{0.01.110+1}.1

dy = \frac{140}{2.1}

dy = 66.67

The change in revenue is $66.67 dollars.

5 0
3 years ago
Which one of the following statements regarding taping is most accurate?
antoniya [11.8K]
The answer to your question, Which one of the following statements regarding taping is most accurate? , would be <span>B. Tape should extend at least halfway down the sides of a container. This is in order to keep it safe from anyone and that you can easily find it.</span>
5 0
3 years ago
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State law requires all electricians to be licensed. Ted is not licensed, but has been doing electrical work with his family busi
alex41 [277]

Answer:

Yes

Explanation:

Yes, Robin would need to pay because she knew that Ted was not licensed and still decided to hire him. Therefore, agreeing to contract Ted and pay him for the work that he has done. Regardless of whether or not Ted's job was legal or not Robin still agreed and must pay Ted. Ted will later have to deal with his own legal issues but that does not affect the contract that was agreed upon by both parties.

8 0
3 years ago
A bank purchased a credit default swap from another financial institution to protect itself against the default of one of its bo
Vedmedyk [2.9K]

Answer: Hedging

Explanation: because the bank is hedging when it purchases a credit default swap that is offering protection against the default of one of its borrowers.

6 0
3 years ago
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