Which of the following activities best illustrates the use of marginal analysis?
A)
Finding the future value of a savings deposit
B)
Finding the opportunity cost of not going to college
C)
Buying a dozen oranges a week because they are priced at $1.00 a dozen instead of $0.10 each
D)
Buying eight oranges a week because the extra satisfaction from four extra oranges is not worth $0.20 to you
D
Business
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Which of the following decision rules is best defined as the amount of time it takes to pay back the initial investment?
A) internal rate of return (IRR) B) profitability index C) net present value (NPV) D) payback period
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What is the normal cardinality between a Customer entity and a Sales order entity? What does it signify? Why is it the only logical cardinality?
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