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Rina8888 [55]
3 years ago
15

When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to thi

s as a process of
Business
1 answer:
olga_2 [115]3 years ago
7 0
When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to this as a process of... rational decision making. You just studied 8 terms!
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Diferencia entre organizacion, empresa y emprendimiento
Debora [2.8K]
El término "empresa" indica un tipo particular de negocio que se ocupa de un producto específico. Una organización es la forma más grande y generalmente se compone de varias empresas. Simplemente, una empresa es una organización, pero una organización no es solo una empresa.
6 0
3 years ago
Explain the imortance of feedback in the communication process.(3marks)
liraira [26]
Feedback gives somebody another point of view other than there own allowing them to improve themselves
7 0
3 years ago
Because saudi arabia and australia have ____, saudi arabia can specialize in the production of crude oil and petroleum products,
Helga [31]

Because saudi arabia and australia have <u>absolute advantage</u>, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool

<h3>What is government?</h3>

Government can be defined as a group of people with the authority to govern a country.

So therefore, because saudi arabia and australia have absolute advantage, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool

Learn more about government:

brainly.com/question/18464634

#SPJ4

5 0
2 years ago
Within the domain of logistics management, the customer service concept implies that firms should:
kodGreya [7K]
I had to look for the options and here is my answer:

Within the domain of logistics management, the customer service concept suggests that the firms should simultaneously establish customer service levels and logistic costs in order to achieve the given strategic goals. (The answer is based on the actual options given).
6 0
4 years ago
Project A as well as project B require an initial investment of $1,050,000, have a 6-year life, and have expected total cash inf
miss Akunina [59]

Answer:

Proposal A

3.75 years

Proposal B

3.375 years

Explanation:

<u>Proposal A</u>

Payback = 3.75 years

Year     Cash Inflow      Initial Investment Balance   Year Count

0                   0                         1,050,000                        

1                   $280,000           770,000                            1

2                  $280,000           490,000                           2

3                  $280,000           210,000                            3

4                  $280,000           0                                    *3.75

* 1050,0000 / 280,000 = 3.75 years

<u>Proposal B</u>

Payback = 3.375 years

Year     Cash Inflow      Initial Investment Balance   Year Count

0                   0                         1,050,000                        

1                   $350,000           700,000                            1

2                  $3150,000          385,000                           2

3                  $280,000           105,000                            3

4                  $280,000           0                                    *3.375

* ( 3 + ( 105,000 / 280,000 ) ) = 3.75 years

5 0
3 years ago
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