Answer: B- 6 minutes
Explanation: From the question above, In one hour, about 20 customers shows up at Rent a Wreck.
It takes 2 minutes to photocopy their driver's license and insurance card and take an impression of a credit card
therefore 20/2=10
in one hour which is 60 min = 60/10
=6 minutes
Answer:
Psychological pricing
Explanation:
Psychological pricing also known as price ending, charm pricing is a pricing and marketing strategy based on the theory that prices produces a psychological impact. This involves setting prices as odd prices being a little less than a whole number such as $9.99 or £2.99. It is believed that consumers think that this prices are lower than they actually are.
Answer:
correct option is d. $225
Explanation:
given data
product requires = 5 component
average number of components = 5.50
reduce average number of components = 5 per unit
cost per component = $450
solution
we get here reduction in failure costs per unit due to purchasing that is express as
reduction in failure costs per unit due to purchasing = ( average number of components - product requires ) × cost per component .......................1
put here value and we get
reduction in failure costs per unit due to purchasing = ( 5.50 - 5 ) × $450
reduction in failure costs per unit due to purchasing = $225
so correct option is d. $225
I think that getting the faster one would be better even though it's $750 but for all they kmow there could be something else wrong with the other computer that will cost you over $750
