Suppose the Development Department of a Firm Charges 10% of Its

question 155

Multiple Choice

Suppose the development department of a firm charges 10% of its total monthly costs to the promotional department, and the promotional department charges 5% of its total monthly costs to the development department. The direct costs of the development department are $25,400, and the direct costs of the promotional department are $9,400. The solution to the matrix equation or the column matrix gives the total costs for each department. Note that this equation can be written in the form or , which is the form for an open economy. Find the total costs for each department in this (micro) economy. ​

• A)development = 27,000, promotional = 11,000
• B)development = 27,000, promotional = 12,000
• C)development = 26,000, promotional = 12,000
• D)development = 38,000, promotional = 12,000
• E)development = 26,000, promotional = 11,000

---

Definitions:

Decision Matrix

A tool used to compare and prioritize a list of options or variables based on a set of criteria.

Problem-Solving Model

A systematic process used to identify, analyze, and solve problems, often involving steps such as problem identification, solution brainstorming, and implementation.

Recommendation Generator

A tool or system designed to provide suggestions or advice based on specific input criteria or data analysis.

Flowchart

A diagram that depicts a process or workflow using symbols and arrows to show the sequence of steps or decisions.