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Rudik [331]
3 years ago
5

Limitations of managerial economics

Business
1 answer:
dedylja [7]3 years ago
7 0
Managerial economics usually deals with the application of theories ,concepts and tools to solve the real life business problems. There are some drawbacks of this managerial economics too. Sometimes the business problems becomes very unique that the theories and methodologies becomes unable to solve the problem.
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A company paid ​$140 comma 000 for a new​ 18-wheeler. When it is 11 years old it will be worth ​$30 comma 000. Using​ straight-l
ser-zykov [4K]

Answer:

V(n)=140,000-10000n

V(7)=$70,000

Explanation:

Purchase Cost= $140,000

Value After 11 Years =$30,000

Depreciation per Year = \frac{140000-30000}{11}  = \frac{110000}{11} =10000

The truck depreciates at a rate of $10000 per year.

Using​ straight-line depreciation, the value of the truck in​ dollars, V

The linear function of its age in years n, V(n)=140,000-10000n

When the truck is 7 years old

n=7

Truck's Value, V(n)=140,000-10000n

=140,000-(10000X7)

=140,000-70000

=$70,000

4 0
2 years ago
Do you think scientific management made business more successful
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<span>Scientific management has evidently made business operations and efficiencies far more successful in their strategies and processes, due to the ability to quantify specific data sets and analyze this information to understand how best to implement a more effective and growing strategy.</span>
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3 years ago
Read 2 more answers
Jimmy has completed the headline section of his text ad and is now writing the description section. What are three factors that
artcher [175]

What  Jimmy should include in the description section of his text ads are:

  • State the  prices, and exclusive offers.
  • Word of Encouragement for  potential customers.
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<h3>What is the importance of  text ads ?</h3>

Text ads is been used by a company to promote their business, this usually include the description about their products and services.

In this case,  Jimmy should include word of Encouragement for  potential customers in the description section of his text ads

CHECK THE COMPLETE QUESTION BELOW;

Jimmy has completed the headline section of his text ad and is now writing the description section. What are three factors that Jimmy should include in the description section of his text ads? (Choose three.)

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Learn more about the ads at

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5 0
1 year ago
All of the following create problems with accurate product or job costing​ except: A. bar coding is used to record materials use
lukranit [14]

Answer:

A. bar coding is used to record materials used on the job.

Explanation:

Bar coding is used to record materials used on the job.

Bar code is a small image of lines appended on goods for easy identification, thereby increasing efficiency in businesses.

5 0
3 years ago
Holden, a buyer for a medium-sized company, is assessing the value of competing software products for use in his firm. Which wou
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Answer:

Higher price than competitor with lower quality

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