Rosa received a corgi pillow as a raffle prize; she would have been willing to pay $25 to buy it herself. Based on the endowment effect, we would expect Rosa to be willing to sell the pillow. Multiple Choice
a. for some amount less than $25.
b. only if she is offered more than $25.
c. for the $25 she would have been willing to pay for the pillow.
d. under no circumstances whatsoever
Answers
Rosa to be willing to sell the pillow for some amount less than $25. Option a is correct.
The endowment effect suggests that people tend to value and attach more significance to items they already possess (in this case, the corgi pillow) compared to identical items they do not own. Therefore, Rosa's attachment to the pillow would likely make her reluctant to part with it unless offered a higher value.
However, since she would have been willing to pay $25 for the pillow, it implies that she places a lower value on it compared to the endowment effect. Hence, she would be willing to sell it for some amount less than $25, but not necessarily for the exact price she would have paid. Option a is correct.
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Related Questions
Think about a Toyota vehicle manufacturing facility that builds Camry cars from start to finish. How might the
manufacturing facility manager and employees attempt to solve problems:
. Before cars start being built down the manufacturing line?
. During the process of cars being built and moving down the manufacturing line?
. After all vehicles have been built for the day and the manufacturing line is idle?
Whoever is good with business and math can you please help me answer this im so stuck
Answers
The technique of solving problems which should be employed by the manufacturing facility manager and employees is; Before cars start being built down the manufacturing line.
Discussion:
In most manufacturing facilities like that which is described in this case;
Conceptual design is very much important prior to actual manufacture of the product. In essence, when solving problems, the manufacturing facility manager and the employees need to do so before cars start being built down the manufacturing line. Ultimately, this is to avoid design error which may render all of the products unfit for use.
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What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers.
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority.
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers.
D. A market economy is determined by consumers and a command
economy is determined by central authority.
Answers
Answer:
D: A market economy is determined by consumers and a command
economy is determined by central authority.
Explanation:
Because command economy the government own the factors of production such as land, capital, and resources.
Which recovery core capability is implemented to return economic and business activities?
Answers
Regarding the key capability for economic recovery. In order to offer the community jobs, goods, and services, as well as greater living standards, support the recovery and resiliency of economic
business operations (including food and agriculture). The goal of economic recovery is to create new business and job possibilities that lead to a community that is economically sustainable while also restoring economic and business activities (including food and agriculture) to a healthy state.The goal of economic recovery is to create new business and job possibilities that lead to a community that is economically sustainable while also restoring economic and business activities (including food and agriculture) to a healthy state.
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because of automation, which component of product cost is declining?
Answers
What may happen if your job does not require you to use the aptitudes you possess?
Answers
The individual that is likely to have the highest credit score is the one who
pays the minimum balance on a credit card each month.
O has no credit cards and uses a debit card to pay bills.
O has two credit cards and pays the full balance on each card each month.
uses a parent's credit card and repays the parent for charges each month.
Answers
The individual that is likely to have the highest credit score is the one who
has two credit cards and pays the full balance on each card each month. Option C
What is credit score about?Your likelihood of making timely loan payments is predicted by your credit score. It is generally true that paying the minimum balance on a credit card each month will not have a positive effect on a person's credit score.
In fact, it could have a negative impact because it can indicate to lenders that the borrower is struggling to pay their debts and is potentially at higher risk of defaulting on a loan.
Hence, paying the full balance on a credit card each month can have a positive impact on a person's credit score because it demonstrates responsible credit use and the ability to pay off debts in a timely manner.
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an accounting journal is a chronological list of transactions, each assigned to a particular account. group of answer choices true false
Answers
The statement an accounting journal is a chronological list of transactions, each assigned to a particular account is true because the accounting cycle is the five-step procedure that transforms a transaction from being merely raw financial data to being condensed in the financial statements.
Each accounting transaction is recorded in a journal and is arranged chronologically. A journal entry is used by accountants to record activity. Each journal entry uses debits and credits to specify where a certain cash amount should be recorded.
The results of transactions are recorded in a journal as the second step of the accounting cycle. Journals offer a chronological record of all business transactions. They display the dates of a transaction, the associated sums, and the specific accounts that the transaction had an impact on.
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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probability of a $1,800 value, 20% probability of a $2,100 value, and 25% probability of a $2,700 value. What is the expected value of the investment after five years?
A. $2,085
B. $2,000
C. $1,950
D. $1,545
Answers
Answer:
C
Explanation:
Answer:
1,950
Explanation:
2. The Bob White Karate Studio has been a local fixture for almost 40 years. The studio offers training in American Kenpo Karate to students from 3 years old to 80 years old. Students select one of several Page 165 programs: (a) monthly payments, (b) semi-annual payments, or (c) the black belt program. Each of these programs allows them to take group classes as well as one or more private lessons with a qualified black belt instructor, depending on the program selected. For example, the monthly program includes one private lesson, the semi- annual program includes three private lessons, and the black belt program includes one lesson per week until the student attains black belt rank. Additionally, students may purchase additional private lessons, as well as uniforms, sparring gear, and various studio insignia and clothing items. The additional half-hour private lessons are priced as packages, which include 5, 10, 20, 40, or 60 lessons, and the price also varies depending on whether the lessons are provided by senior or junior instructors. When students purchase a package, they are assigned to a particular instructor for the duration of the package. Students typically pay for anything they buy at the time of their purchase, but established students are sometimes allowed to purchase on credit. In that case, they generally must pay within 2 weeks. While all studio employees are also instructors, only a few employees handle sales transactions and accept payments. LO 5-2, LO 5-3, LO 5-5, LO 5-6, LO 5-7
connect
a. Draw a BPMN activity diagram that describes the Bob White Karate Studio's sales and collection process.
b. Prepare a UML class diagram with classes, associations, and multiplicities.
c. Using the preceding information and the following attributes list, prepare a listing of the relational tables necessary to support this sales and collection process. List the tables in the following order: resources, events, agents, type images, and linking tables
Answers
a. The BPMN activity diagram for the Bob White Karate Studio's sales and collection process would include activities such as "Select Program," "Purchase Package/Private Lesson," "Pay for Purchase," "Assign Instructor," and "Record Payment."
b. The UML class diagram would include classes such as "Student," "Instructor," "Program," "Package," "PrivateLesson," "Purchase," and "Payment."
a. The diagram would also include decision points such as "Is the student an established customer?" and "Is the payment on credit?" as well as loops for purchasing additional packages or private lessons.
b. Associations between these classes would include "Student enrolls in Program," "Student purchases Package or Private Lesson," "Purchase includes Package or Private Lesson," and "Payment made for Purchase."
c. The relational tables necessary to support this sales and collection process would include:
Resources: Student, Instructor, Program, Package, PrivateLesson, Purchase, Payment
Events: None required
Agents: None required
Type Images: None required
Linking Tables: Purchase Package (links Purchase to Package), Purchase Private Lesson (links Purchase to Private Lesson), Purchase Student (links Purchase to Student), Purchase Instructor (links Purchase to Instructor)
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QUESTION ONE [= Your team is assigned to construct a school cafeteria. Perform a stakeholder analysis for this project. This analysis should include a prioritization and a communication matrix.
Answers
Stakeholder analysis is a significant part of project management. It assists the project team in recognizing key stakeholders who can influence the project outcome. Therefore, the stakeholder analysis helps in determining the strategies to manage their interests and expectations.
What does this entail?A stakeholder analysis for constructing a school cafeteria can include the following stakeholders and their prioritization: Parents, students, school management, construction workers, and local community members. Parents and students will be the primary stakeholders, and their needs should be a top priority.
The school management and staff will be the secondary stakeholders as their inputs will be valuable for the construction workers, who will be the tertiary stakeholders. The local community members will be the last category of stakeholders. The communication matrix will be useful for managing stakeholders in the project.
The matrix will include the following:
Communication objective: The objectives will be listed, such as informing about the project's progress, changes, or any issues.
Method: The method of communication will be determined, such as emails, meetings, newsletters, or phone calls.
Target audience: The matrix will outline who the communication is intended for, such as parents, students, staff, or construction workers. Person responsible: The person responsible for the communication and reporting will be designated.
The stakeholder analysis, prioritization, and communication matrix will be useful tools for managing the stakeholders and ensuring that the project is completed successfully.
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developing water quality management policies for the chitgar urban lake: application of fuzzy social choice and evidential reasoning methods
Answers
"Developing water quality management policies for the Chitgar Urban Lake: Application of fuzzy social choice and evidential reasoning methods" utilizes fuzzy social choice theory and evidential reasoning to establish effective policies for managing water quality in the lake. This research integrates stakeholder perspectives and addresses uncertainties to develop robust strategies for improving water quality. The study contributes to the field of water quality management by offering a comprehensive framework for decision-making in environmental management.
This integrated approach provides a valuable framework for developing sustainable water quality management policies specific to the Chitgar Urban Lake. The research findings contribute to the field by offering practical insights and guiding future efforts to improve water quality in similar urban lake environments.
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how much water is in a water melon plz use percentage. here is 10 points
Answers
answer:
92 percent
explanation:
watermelon contains 92 percent water and 6 percent sugar
Which demographic groups does Women in Motion serve?
Answers
Demographic groups do Women in Motion serve, Akela Peoples is an award-winning teacher and entrepreneur who has helped over 20,000 young women create career plans.
Demographic evaluation is the take a look at a populace primarily based totally on elements including age, race, and gender. Demographic information refers to statistically expressed socioeconomic records including employment, education, income, marriage rates, start rates and loss of life rates.
Examples of diagnosis. It is included. Demographic studies consist of 5 simple themes. Distribution over a geographical area. its composition (including age, gender, race, and different characteristics); modifications in populace size, distribution, and composition over time; Determinants and outcomes of populace growth.
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The AutoSum icon is located in
which of the following groups on the
Home tab? *
Answers
Answer:
The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.
What can affect whether a public or private university is affordable?.
Answers
A number of factors like easy accessibility, location, merits, grants, fees, and scholarship affect the affordability of public or private universities.
What are universities?University are state-run educational institutions for attaining higher studies like graduation, post-graduation. Being able to get admission in the universities depends on a variety of the factors like:
Being able to pay the fees Admission criteria by the universitiesGrants and scholarships offered by such universities.Between private and public universities, the public universities are more affordable, but the chances of getting admission are subject to the merits of students.
Hence, affordability of universities depend on the factors as aforementioned.
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Which website allows individuals to search for suitable job profiles and employers?
Answers
Answer:
LinkedIn is a good site
Explanation:
The Consumer Price Index is a way that the U.S. government measures ____.
Answers
Answer:
prices of all goods and services bought by US households
Explanation:
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,900. The machine's useful life is estimated at 10 years, or 399,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,900 units of product.
Determine the machine's second-year depreciation and year end book value under the straight-line method
Answers
Answer:
7,980 and $37,920
Explanation:
The computation of machine's second-year depreciation and year end book value under the straight-line method is shown below:-
Depreciation
= (Purchase cost - Salvage value) ÷ Useful life
= ($45,900 - $6,000) ÷ 10
= $3,990
Now,
Depreciation for year 1 is equals to Depreciation for year 2 = $3,990
2nd year
Accumulated depreciation at the end is
= $3,990 + $3,990
= $ 7,980
Now, Book value at the end of the second year
= Purchase cost - Accumulated depreciation
= $45,900 - $7,980
= $37,920
symon's suppers company has announced that it will pay a dividend of $4.57 per share one year from today. additionally, the company expects to increase its dividend by 3.3 percent annually. the required return on the company's stock is 12.3 percent. what is the current share price?
Answers
The current share price of Symon's Suppers Company is $50.78.
To calculate the current share price of Symon's Suppers Company.We can use the Dividend Growth Model formula. Here are the given terms:
Dividend one year from today (D1): $4.57
Dividend growth rate (g): 3.3% or 0.033
Required return on stock (R): 12.3% or 0.123
The Dividend Growth Model formula is:
Current Share Price (P0) = D1 / (R - g)
Now, plug in the given values:
P0 = $4.57 / (0.123 - 0.033)
P0 = $4.57 / 0.09
P0 = $50.78
So, the current share price of Symon's Suppers Company is $50.78.
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Which are direct employers for people working in the architecture and construction career pathway? check all that apply.
Answers
The state government, the federal government, the local government, and a private enterprise are the direct employers of persons who follow a career path in architecture and construction.
What is Architecture and construction pathways?
A structure's development, construction, and maintenance, whether it be a skyscraper or a motorway, are all handled by the complex cluster of subjects known as architecture and construction. Designing a complete neighborhood and installing security and fire alarms in individual buildings are both jobs in this sector. This field includes the planning and construction of structures as well as the maintenance of machinery that, once installed, becomes an essential component of the building.
Examples- of such machinery include plumbing, heating, central air conditioning, electrical wiring, lighting equipment, elevators, and escalators.
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People who pursue a career in design and construction work for the state government, the federal government, the local authority, and a private business.
What is the construction pathways for architecture?Architecture and construction is a broad field of study that is concerned with the design, building, and maintenance of various kinds of structures, including skyscrapers and highways. Jobs in this industry include planning an entire neighborhood and setting up security and fire alarms in specific structures. This profession involves both the design and building of structures as well as the upkeep of equipment that, once installed, forms a crucial part of the building.Piping, heating, air conditioning, electrical wiring, special lighting, elevators, and escalators are a few examples of this type of machinery.
Complete question:Which are direct employers for people working in the architecture and construction career pathway? check all that apply:the state government,the federal government,the local government,a private company
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Salespeople should avoid using electronic whiteboards in their sales presentation because they eliminate two-way communication between a salesperson and a customer. A. Trueb. False
Answers
The given statement "Salespeople should avoid using electronic whiteboards in their sales presentation because they eliminate two-way communication between a salesperson and a customer." is false as it is a effective way of advertisement and enhance promotion. The correct option is b.
Electronic whiteboards can provide visual aids and interactive tools to enhance the presentation, so salespeople shouldn't shy away from using them in their presentations.
The two-way communication between the salesperson and the customer must still occur so it is crucial to use them properly. Even when using electronic whiteboards, salespeople should still practice active listening and encourage customer participation.
If used properly, electronic whiteboards can be helpful during a sales presentation. By enabling the salesperson to visually demonstrate and highlight key points as well as offer interactive opportunities for the customer, they can improve communication. The correct option is b.
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what would be the best leadership strategy for a giver
Answers
Answer:
depends on the situation give me a strategy and ill give you why it would be the best
What is the first step of creating a federal budget A. Congress votes on requirements for a budget plan. B. Executive agencies submit budget requests. C. State governments submit their budget proposals. D. The president reviews the budget with the Supreme Court.
Answers
Answer:
C. State governments submit their budget proposals.
Explanation:
The Federal budget is a budget for the entire country. It is an estimate of the expected government revenue and expenditure for a fiscal year.
The first step in the federal budget preparation involves submitting proposals by the government department and agencies. These are the federal agencies such as security agencies. They submit their expenditure proposal to the Whitehouse. All agencies' proposals make up part of the president's budget request.
'what she said' phrase or clause. give reason
Answers
compared to creating detailed, up-front requirements, agile tends to view creating traditional detailed, up-front project plans as:
Answers
Compared to creating detailed, up-front requirements, Agile tends to view traditional detailed, up-front project plans as less efficient and less adaptive.
Agile focuses on flexibility, collaboration, and customer-centric approaches, whereas traditional plans are often rigid and lack the ability to change as the project evolves.
In Agile, the planning process is iterative and continuously refined, allowing teams to adapt to changing requirements and new insights quickly. This approach promotes better communication and collaboration among team members, fostering innovation and problem-solving.
On the other hand, traditional detailed, up-front project plans emphasize extensive documentation and a fixed project scope, which can lead to challenges when changes are required. This approach might not be as suitable for projects with high levels of uncertainty or rapidly changing requirements.
In summary, Agile tends to view traditional detailed, up-front project plans as less effective in addressing the dynamic nature of modern projects. Agile promotes a more adaptive, flexible, and collaborative approach, which is better suited to handling change and ensuring that the project delivers maximum value to the customer.
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anyone like jschlatt here
Answers
Answer: yes.
Explanation:
cause he's amazing, he's jschlatt, and he's awesome
thank you for coming to my TedTalk :)
Can someone answer this quickly, please
Answers
The correct options based on the information will be:
Across:
Market Segmentation
External Factor
Target Market
Market Profile
Primary Research
Demographic Information
Market Potential
Down:
2. Focus Group
List Broker
Geographical Segmentation
Business
Psychographic
Ideal Customer
Consumer
Owning Your Future
What is market Segmentation?Market segmentation is the process of breaking a large consumer or company market into smaller consumer groups based on shared criteria. Typically, this process involves existing and future customers.
The concept of market segmentation acknowledges that not all customers share the same preferences, purchasing power, or consumer wants.
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lavender inc , a computer manufacturing company, sells its products at costs that are lesser than its competitors as it wishes to gain profits in order to cover more of the competitive market. the company follows this method as it has high unit volumes. the scenario best illustrates the .
Answers
The company follows this method as it has high unit volumes. The scenario best illustrates the C. pricing strategy.
Pricing strategies are the methods and methodologies that businesses use to determine the prices for their goods and services. If price is the amount you charge for your items, product pricing strategy is how you determine that number.
Many businesses focus on acquisition to develop their firm, yet studies have shown that little changes in pricing can increase or decrease revenue by 20-50%.
Despite this, fewer than 5% of Fortune 500 organizations have functions dedicated to determining the best pricing. In the corporate sector, there is a missing potential to achieve immediate success with little work. Hence, Lavender's this scenario illustrates pricing strategy.
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Correct question:
Lavender Inc., a computer manufacturing company, sells its products at costs that are lesser than its competitors as it wishes to gain profits in order to cover more of the competitive market. The company follows this method as it has high unit volumes. The scenario best illustrates the _____.
A. acquisition strategy
B. cost-management strategy
C. pricing strategy
D. investment strategy
A marketing plan includes this marketing objective: "Create positive feelings
about our brand." What is the main problem with this objective?
Answers
Answer:
The main problem with this objective is that it is too vague and does not provide any specific target or measure for success. "Positive feelings" are subjective and can vary greatly from person to person, making it difficult to accurately track and measure progress towards this objective. A more specific and measurable objective might be something like "Increase brand awareness by X% among target audience within Y months" or "Increase customer satisfaction ratings by X% within Y months."
assume that sales revenue are $450,000, sales discounts are $10,000, net income is $35,000, and cost of goods sold is $320,000. how much are gross profit and operating expenses, respectively?
Answers
the gross profit is $130,000, and the operating expenses are $95,000 based on the given figures.
To calculate the gross profit and operating expenses, we can use the formula:
Gross Profit = Sales Revenue - Cost of Goods Sold
Operating Expenses = Gross Profit - Net Income
Given the following figures:
Sales Revenue = $450,000
Sales Discounts = $10,000
Net Income = $35,000
Cost of Goods Sold = $320,000
First, we calculate the gross profit:
Gross Profit = $450,000 - $320,000
Gross Profit = $130,000
Next, we calculate the operating expenses:
Operating Expenses = $130,000 - $35,000
Operating Expenses = $95,000
Therefore, the gross profit is $130,000, and the operating expenses are $95,000 based on the given figures.
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