A manager needs to decide on a new supplier for raw material…

A manager needs to decide on a new supplier for raw materials but is overwhelmed by the number of options and the complexity of the information. The manager chooses a supplier that meets the basic requirements and is familiar, rather than thoroughly evaluating all possible options. This decision-making behavior is an example of:

Solve the problem.A bakery makes and sells pastries. The fix…

Solve the problem.A bakery makes and sells pastries. The fixed monthly cost to the bakery is $770. The cost for labor, taxes, and ingredients for the pastries amounts to $0.90 per pastry. The pastries sell for $1.60 each. a. Write a linear profit function representing the profit for producing and selling x pastries.b. Determine the break-even point for the bakery.