The utility function for a risk avoider typically shows a diminishing marginal return for money
a. True
b. False
Indicate whether the statement is true or false
True
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Communications through bystanders may occur
A. as an effort to build alliances and support for one's own position. B. as a result of the natural tendency for conflict to proliferate and envelop innocent bystanders. C. as an explicit and conscious tactic to exert influence on the other party. D. All of these choices are correct.
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hr of sewing machine time and up to 150 hr of cutting machine time. Production of one shirt requires 3 hr of sewing time and 1 hr of cutting time. Each pair of pants requires 2 hr of sewing time and 1.5 hr of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Which of the following is the decision variable for the LP formulation?
A. total revenue generated B. number of sewing hours and number of cutting hours required C. number of shirts and number of pairs of pants to be produced D. total production time
Should swimsuit contests, fitness pageants and bodybuilding contests, then, be regulated by the government as well?
What will be an ideal response?
Once customers make a decision to terminate the relationship, they do not communicate their intent to the company.
Answer the following statement true (T) or false (F)