Answer:
The correct answer is letter "B": rational people think at the margin.
Explanation:
The "rational people think at the margin" principle means that consumers consider the marginal benefits and costs of acquiring a good or service before the purchase is made. Purchases typically take place when the marginal benefit is higher than the marginal cost.
Answer: maximize return on investment
Explanation:
Linear programming is an optimization technique that is used for a system of linear constraints and an objective function that helps in defining the quantity that is to be optimized.
It is used for sure solving complex problems in businesss whereby deciding of the quantities f variables to use in achieving profit maximization or cost minimization is difficult.
Therefore, linear programming approach is usually used by managers involved in portfolio selection to maximize return on investment.
Answer:
$2,000
Explanation:
The computation of the total amount of maintenance cost is shown below:-
Total amount of maintenance cost allocated to the Carpentry Department = (Maintenance fees ÷ Total square feet) × Carpentry Department square feet
= ($12,000 ÷ 36,000) × 6,000
= 0.333 × 6,000
= $2,000
Therefore for computing the total amount of maintenance cost we simply applied the above formula.
The answer is D <3 hope dis helps :-)
