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Artist 52 [7]
4 years ago
10

Gloria, the controller of Luna Pizza, is purchasing several new delivery vehicles. Gloria has numerous work responsibilities, so

she has limited time to shop for cars. Because of the time constraints, she cannot make an extensive search for the best alternative, so she looks for cars until she finds a model that is satisfactory. Gloria is following the ________ model.a. limited focus
b. limited scope
c. dilemma
d. rational
e. satisficing
Business
1 answer:
Oliga [24]4 years ago
3 0

Answer:

e. satisficing model

Explanation:

Satisficing model -

It is the strategy for making decision , which focus for the proper and satisfactory result , instead of any optimal solution .

Rather than applying a lot of exertion for the attainment of goal , the motto of satisficing is the pragmatic effort of the tasks .

Hence , from the question , Gloria is following the Satisficing model .

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Data concerning Nelson Company's activity for the first six months of the year appear below: Machine Hours Electrical Cost Janua
taurus [48]

Answer:

$560

Explanation:

As we know that the total cost would be a sum of fixed cost and the variable cost

In mathematically,

Total cost = Fixed cost + variable cost

But in the question, the variable cost is not given, so first, we have to find that based on high low method.

So, the variable cost equals to

= Change in total cost ÷ change in machine hours

= ($4,460 - $2,900) ÷ (6,000 -  3,600)

= $1,560 ÷ 2,400

= 0.65

Now the fixed cost equal to

= Total cost - variable cost

= $4,460 - (6,000 × 0.65)

= $4,460 - $3,900

= $560

7 0
4 years ago
Desert Company exchanged 3,000 shares of its stock, for equipment from Jungle Company. Desert's stock has a par value of $50 per
iren2701 [21]

Answer:

Desert Company

The amount that Desert should record as the historical cost of the equipment is:

= $170,993.

Explanation:

a) Data and Calculations:

Value of stock exchanged = $150,000 (3,000 * $50)

Fair value of equipment = $170,993

Gain from exchange of Equipment for shares = $20,993

b) The quoted fair value of Jungle's equipment should be used to record the historical cost in the financial statement of Desert Company.   This value represents the only verifiable value.  This value should then be compared to the value of the Desert shares exchanged with Jungle to determine if there is a loss or a gain from the exchange.

6 0
3 years ago
Nominal gdp is a good snapshot of the current value of production in an economy but it cannot be used to make comparisons over t
shepuryov [24]

Nominal GDP is a good snapshot of the current value of production in an economy but it cannot be used to make comparisons over time because prices change.

Nominal GDP is an indicator used to understand a country's economy. It measures the current value of production of a country. But it cannot be considered as a good measure. One important drawback of Nominal GDP is that it cannot be used to make comparisons of production prices over time because it doesn't take inflation into account.

Nominal GDP works only with current prices and the price changes will not be seen when calculated through years.

So Real GDP is considered for comparisons of product prices over time.

Learn more about Nominal GDP at brainly.com/question/8151973

#SPJ4

4 0
2 years ago
The country of cedarland does not trade with any other country. its gdp is $17 billion. its government purchases $4 billion wort
yuradex [85]
D.! hope it helps =)
6 0
4 years ago
The cost of renting tuxes for the Choral Society’s formal is $20 down plus $88 per tux. Express the cost ???? as a function of x
Nezavi [6.7K]

Answer:

a. $196

b. $88

c. $88

d. $88(x)

e. $20

f. $88

Explanation:

Given:

Rent = $20

Cost per Tux = $88

x = Number of tux

  • Since $20 is rent regardless , how many tuxes we rent

Cost function C(x) = 88(x) + 20

A. Cost of renting two tuxes

C(2) = $88(2) + $20

       = $176 + $20

       = $196

B. All tuxes has same cost, so cost of second tux = $88

C. All tuxes has same cost, so cost of tenth tux = $88

D. Here variable cost means value of tuxes , so variable cost = $88(x)

E. Here rent is described as fixed cost = $20

F. Marginal cost =  change in cost / change in quantity

                          =  ${(2*88) -(1*88)} / 2-1

                          =  $88

5 0
3 years ago
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