Answer: Instrumental
Explanation:
Rational choice theory, is a school of thought which is based on the assumption that individuals will choose a course of action which goes in line with what they personally prefer.
For the instrumental rationality, it has to do with looking for the most cost effective method in order to achieve a particular objective. Therefore, the behavior of corporate executives who outsource jobs to other countries where labor cost is cheaper than in the United States is defined as being instrumental.
Answer:
Option (B) is correct.
Explanation:
Given that,
Purchase price of the land = $620,000
Sale of salvaged parts already on land = $20,000
Demolition of the old building = $20,000
Ground-breaking ceremony (food and supplies) = $2,800
Land preparation and leveling = $7,000
Cost of land
:
= Purchase price - Salvage + Demolition cost + Land preparation
= $620,000 - $20,000 + $20,000 + $7,000
= $627,000
Answer:
10,000
Explanation:
Percent of bonds 10%
Amount sold 200000
Period of payment = semiannually, 1/2 a year.
We are required to find how much legion should pay
= 200000x1/2 *10%
=100000 × 0.1
= 10,000
Legion has to pay cash interest in the amount of $10000
Answer:
Option (B) is correct.
Explanation:
Given that,
Selling price per unit = $48
Desired profit margin on sales = 12.5%
Flyer’s current full cost for the product = $44 per unit
Profit = Selling price × profit margin
= $48 × 12.5%
= $6
Target cost of unit = Selling price - Profit
= $48 - $6
= $42
Answer:
The correct answer is option b.
Explanation:
The term Ceteris paribus is a Latin phrase which means holding other things constant.
Ceteris paribus in the law of demand means keeping other market constant, the demand for a commodity will change with change in the price.
The other market factors here are income, population, taste and preferences etc.
