Answer:
SITE A
Explanation:
Given :
FACTOR___ WEIGHT _SITE A_ SITE B _SITE C
Labor Cost __ 0.25 _____92 ____82____ 84
Curr Stability _ 0.35 _____75 ___ 85____ 88
Prox Market __ 0.30 ____ 80 ____50 ___ 60
Taxes _______ 0.10 _____69 ___ 88 ___ 91
SITE A:
(0.25 * 92) + (0.35*75) + (0.30*80) + (0.10*69) = 80.15
SITE B :
(0.25 * 82) + (0.35*85) + (0.30*50) + (0.10*88) = 74.05
SITE C :
(0.25 * 84) + (0.35*88) + (0.30*60) + (0.10*91) = 78.90
Using the weighed factor model;
The based site for locating the facility is SITE A as it has the highest weighted value
Answer:
B. Reduce pollution as long as the additional benefits are greater than the additional costs.
Explanation:
The closing argument.
Hope this helps!
Answer:
2. False
Explanation:
Market organization refers to the ways goods and services are bought and sold in the market.
Under market organization, individuals can communicate their buying decisions and their preferences and tastes directly to their peers and known ones which eventually affects the latter's decision making. This is a direct way of communication.
Similarly, another form of communication would be indirect wherein an individual conveys his/her choice of with whom they want to transact with rather than their preferences. Here the communication is indirect and this is a realistic possibility.
Hence the given statement is false.
Answer:
diminishing marginal utility
Explanation:
According to diminishing marginal utility, the utility of consuming an extra unit increases until a point. After that, the utility tends to diminish from consuming an extra unit. The marginal benefit to society of reducing pollution declines due to diminishing marginal utility concept. The benefit of a decrease in pollution starts to decline after a certain period of time.
