Create a fundamental-objectives hierarchy

Assignment Help Microeconomics
Reference no: EM131523565

Question: In the context of renting an apartment (Exercise), some of the objectives may have natural attribute scales. Examples are minimizing rent ($) or minimizing the distance to campus (kilometers or city blocks). But other attributes, such as ambiance, amount of light, or neighbors, have no natural scales. Construct an attribute scale with at least five different levels, ranked from best to worst, for some aspect of an apartment that is important to you but has no natural scale.

Exercise: What are your fundamental objectives in the context of renting an apartment while attending college? What are your means objectives? Create a fundamental-objectives hierarchy and a means-objectives network.

Reference no: EM131523565

Questions Cloud

Comparing these companies to one another on basis of ratios : What problem might Robert encounter in comparing these companies to one another on the basis of their ratios?
Explore stratification and prejudice in current events : The purpose of this assignment is to explore stratification and prejudice in current events. What theories of stratification apply
Advantages of nurse scientists engaging in research : What do you see as some of the advantages of nurse scientists engaging in research using the various data collection methods?
Comment on how effective the processes were : Describe the processes that allowed team members to raise issues and concerns. Comment on how effective the processes were.
Create a fundamental-objectives hierarchy : In the context of renting an apartment (Exercise), some of the objectives may have natural attribute scales. Examples are minimizing rent ($).
Delivery of health care in the united states : Discuss the impact managed care has on the access, financing, and delivery of health care in the United States.
How do racial groups interact in contemporary america : How do racial groups interact in contemporary America? Are interactions positive, negative, or neutral? Support your response using proper citations
What are three items or persons that are not to be transport : What are three items or persons that are not to be transported on a school bus, and how the transport of these items could affect the bus driver.
Explain project by criteria of long term increase in value : identify the best project by the criteria of long term increase in value. Compare the result of the three methods by quality of information for decision making.

Reviews

Write a Review

Microeconomics Questions & Answers

  Discuss a us government policy on goods or services

Choose an article in a newspaper or magazine that discusses a United States government policy on goods or services.

  Discuss the effect of outsourcing of production on gdp

After viewing the video multimedia resources, reflect on the challenges facing the U.S. labor force due to outsourcing of jobs overseas.

  Social welfare functions embody a normative conception

Social welfare functions embody a normative conception of the relative importance of equity and efficiency'. With the aid of diagrams, illustrate and explain this proposition.

  What is the equation of the line in the graph

What is the equation of the line in the graph - What are the coordinates of the point labeled B in the graph shown?

  Calculate the multipilers for m1 and m2

Calculate the monetary base MB, M1, and M2. Are there any excess reserves in Princeton Bank? Are there any excess reserves in the economy as a whole - Calculate the multipilers for M1 and M2.

  Discuss the implications of risk-return trade-off

Discuss the implications of risk-return trade-off with respect to your overall investment portfolio as you approach retirement age. Are there any assets that you would avoid investing in as you near retirement age?

  How much does each firm produce

Find the reaction functionB)How much does each firm produceC)compute CS ,PS and the deadweight lossD)if firm 1 and 2 leaders and 3 follower (Stackelberg),What are the quantity choices for all three firms?

  Can the problem be formulated as a single model

Can the problem be formulated as a single model? What are the difficulties in approaching the problem via a single model? What is the essence of the proposed hierarchical approach?

  What is the optimal portfolio of a mean-variance in-vestor

Draw the capital market line. What is the optimal portfolio of a mean-variance in-vestor with risk aversion A = 2? What is the mean and standard deviation of this portfolio? Show this portfolio in the .gure. What is the value of this investor’s mean-..

  What factors affected national income unemploymey rate and

what factors affected national income unemploymey rate and inflation rate what factors effect each of these economic

  Identify the four major tools of monetary policy

Identify the four major tools of monetary policy. b) Describe how changes in the Fed’s major policy tools lead to [1] expansionary and [2] restrictive or contraction monetary policies. Define the four basic types of trade barriers. b) Who gains and w..

  Find a uniform price what is the price

A monopolist has two types of customers. There are 100 of TYPE A, who will each pay up tp $10 for a single unit of the good, and 50 of TYPE B, who will each pay up to $8.00.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd