) To compete in the automobile market, BMW must make many strategic decisions such as whether to introduce a new car model, whether to produce alternative-fuel vehicles, and where to advertise. At BMW's Spartanburg, South Carolina plant, managers must decide on the monthly production quantities of their X3, X5,and X6 models. In making this decision, the managers A. will always decide on production quantities in which revenues are maximized. B. face a trade-off, because producing more of one model means producing less of the others. C. will choose to only produce the quantity of X3, X5, and X6 models where marginal cost equals zero. D. face no trade-off because the Spartanburg plant only produces these three models of the many BMW models produced worldwide.

While studying for the engineering economy final exam, you and two friends find yourselves craving a fresh pizza. you can't spare the time to pick up the pizza and must have it delivered. "pick-up-sticks" offers a 1-1/4-inch-thick (including toppings), 20-inch square pizza with your choice of two toppings for $15 plus 5% sales tax and a $1.50 delivery charge (no sales tax on delivery charge). "fred's" offers the round, deep-dish sasquatch, which is 20 inches in diameter. it is 1-3/4 inches thick, includes two toppings, and costs $17.25 plus 5% sales tax and free delivery. 1. what is the problem in this situation? state it in an explicit and precise manner. 2. systematically apply the seven principles of engineering economy (pp. 3-6) to the problem you have defined in part (a). 3. assuming that your common unit of measure is dollars (i.e., cost), what is the better value for getting a pizza based on the criterion of minimizing cost per unit of volume? 4. what other criteria might be used to select which pizza to purchase?

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.