Question

Based on your communications, you have established a list of decision criteria: marginal costs, adoption of synthetic components, estimated shipping costs, top note integrity, and base note integrity. How would you order the importance of the items on the list?


The number in parentheses indicates the relative weights for each factor.


A higher number indicates that an item is more important; a lower number indicates a factor is less important.

Answer 1

Answer: higher number indicates that an item is more important; a lower number indicates a factor is less important.

Explanation:

In order to order the importance of the items on the list, a higher number indicates that an item is more important while a lower number indicates a factor is less important.

In this case, one has to list the decisions criteria based on their importance. This is regarded as scale of preference in Economics.