Eleven Consumers Are Trying to Decide Whether to Connect to a New

question 5

Multiple Choice

Eleven consumers are trying to decide whether to connect to a new communications network.Consumer 1 is of type 1, consumer 2 is of type 2, consumer 3 is of type 3, and so on.Where k is the number of consumers connected to the network (including oneself) , a consumer of type n has a willingness to pay to belong to this network equal to k times n.What is the highest price at which 4 consumers could all connect to the network and either make a profit or at least break even?

• A)$24
• B)$40
• C)$64
• D)$28
• E)$32

Identify how rationalization affects decision-making quality.

Identify effective strategies for conducting brainstorming sessions to avoid common pitfalls.

Acknowledge the nature of creative thinking processes.

Understand the crucial role of creativity in generating innovative decision-making alternatives.

---

Definitions:

Extremities

The furthest or most remote points, parts, or boundaries of an area, structure, or part.

Profile Tolerance

A geometric dimensioning and tolerancing method that specifies the allowable variation of a surface's profile.

True Profile

The accurate outline or contour of an object's surface as specified in design documentation.

Circular Runout

Circular runout is a tolerance specified on cylindrical parts to control the amount of variation or wobbles as the part rotates around a datum axis.