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kondaur [170]
2 years ago
8

Brenda sees a television advertised around $500. when she finally buys one for $450, she feels she got a good deal. in this case

, the $500 price acted as a(n) ______.
Business
1 answer:
Butoxors [25]2 years ago
7 0

Brenda sees a television advertised around $500. when she finally buys one for $450, she feels she got a good deal. in this case, the $500 price acted as an anchor.

A cognitive bias known as the anchoring effect describes a common human tendency to excessively rely on the initial piece of information proposed when making a decision.

Anchoring occurs when people base subsequent judgments on an earlier piece of information during decision-making. Once an anchor is established, subsequent decisions are made by moving away from it, and there is a bias toward framing subsequent data in relation to the anchor.

To learn more about  anchor click here :

brainly.com/question/24182125

#SPJ4

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It is important to find a hotel that has a five star rating to base the training off of. what aspect of service quality would th
kramer

The aspect of service quality would be the objective measure of goodness.

<h3><u>What is service?</u></h3>
  • In contrast to products, which we can physically touch or handle, services are the non-physical, intangible components of our economy.
  • The majority of the economies of the wealthy countries are based on services like banking, education, healthcare, and transportation.
  • They also represent the bulk of the economies of the developing countries.
  • There is no transfer of ownership when a business offers a service and the client pays for it. We are unable to ship or store a service.
  • They are only present as long as the customer is consuming them and the provider is supplying them.

For instance, getting a haircut is a service that cannot be stored or transported.

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8 0
2 years ago
Venus Company has the following information: Month Budgeted Sales January $90,000 February 85,000 March 92,000 April 79,000 Budg
gayaneshka [121]

Answer:

$20,600

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of the asset.

Depreciation is a non-cash item in the income statement as the actual cash spent for the purchase of the asset would have been capitalized in the balance sheet.

Hence the  total cash disbursements budgeted for operating expenses for the month of January would not include depreciation.

Total cash disbursements budgeted for operating expenses for the month of January

= $15,000 + $12,000 + (4% × $90,000)

= $15,000 + $12,000 + $3,600

= $20,600

4 0
3 years ago
Treasury bills have a fixed face value (say, $1,000) and pay interest by selling at a discount. For example, if a one-year bill
Snezhnost [94]

Answer:

Please see attachment

Explanation:

Please see attachment

3 0
4 years ago
Write down the observations in a dataset that consisting of the GPAs and credits taken in the current quarter for randomly selec
lozanna [386]

Answer:

EWU students

GPA

January: 3.5

February: 2.6

March: 3.6

April : 3.1

May: 3.7

June:2.8

July: 2.9

August: 2.1

September: 2.8

October: 3.1

November: 2.2

December: 2.5

Explanation:

The GPA for EWU students shows declining pattern over the past 12 months. The students have been focused on their fall internship program and the studies are neglected. The GPA of students is declining and the minimum GPA is 2.1 which has been secured in the month of August.

3 0
3 years ago
A solution was made by dissolving 800. 0 g of NaOH in 25,200 g of water. Calculate the morality, molality, and mole fraction of
maks197457 [2]

The morality, molality, and mole fraction of NaOH is mathematically given as

  1. morality= 4 ppm
  2. molality=0.7936m
  3. x1 = 0.152

What are the morality, molality, and mole fraction of NaOH?

Question Parameters:

A solution was made by dissolving 800. 0 g of NaOH in 25,200 g of water.

Generally, the equation for the Molality   is mathematically given as

molality = (mass / molar mass) x (1/ weight of solvent kg)

Therefore

M= (800 /40) x (1 /25.2)

M=0.7936m

Therefore

m= 10 x 18 / 1000

m= 0.18

Hence

x1 = 0.18 - 0.18 x1

1.18 x1 = 0.18

x1 = 0.152

Where the mole fraction is x1 = 0.152 The mass is

m= (800 / 800 + 2000) x 1000

m= 28.57 %

Hence the morality

molality = mg /L

molality= 8000 x 10^-3 / 2 L

morality= 4 ppm

In conclusion, the morality, molality, and mole fraction of NaOH are given respectively as

morality= 4 ppm

molality=0.7936m

x1 = 0.152

Read more about Molarity

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4 0
3 years ago
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