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kicyunya [14]
3 years ago
15

An example of ________ is that a person may reject an investment when it is posed in terms of risk surrounding potential gains,

but may accept the same investment if it is posed in terms of risk surrounding potential losses
Business
1 answer:
Nataliya [291]3 years ago
5 0

An example of "Framing" is that a person may reject an investment when it is posed in terms of risk surrounding potential gains, but may accept the same investment if it is posed in terms of risk surrounding potential losses.

<u>Explanation:</u>

A cognitive bias (systemic fault in one's thinking) where people suggest or decide whether the choices to be viewed as plus or minus implications, instance like loss or a gain and understood as Framing effect.

People tend to avoid risk when presenting a successful frame but look for risks when presenting a negative frame. Individuals will phrase their material in such a way as to force you to join.

For an instance, a musician could say millions are listening to them. You might want to participate because that is what so many other people do.

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If the fictitious country of Islandia puts all of its production resources into fish, it can produce 60 units of fish. If it put
Setler79 [48]

Answer:

1.5 unit of Coconut and 0.66 unit of fish. Mountania gets 0.66 fish per 1.5 unit of coconut it gives to Islandia.

Explanation:

a. What is the opportunity cost of producing 1 unit of fish in Islandia? unit(s) of coconuts.

it can produce 60 units of fish or 30 units of coconuts

Therefore 1 unit of fish has opportunity cost of 30 coconuts/60 fish = 0.5 unit of coconuts.

b. What is the opportunity cost of producing 1 unit of coconuts in Islandia? unit(s) of fish  

it can produce 60 units of fish or 30 units of coconuts

Therefore 1 unit of coconut has opportunity cost of 60 fish/30 coconut = 2 unit of fish.

c. What is the opportunity cost of producing 1 unit of fish in Mountania? unit(s) of coconuts  

it can produce 15 units of fish or 45 units of coconuts.

Therefore 1 unit of fish has opportunity cost of 45 coconuts/15 fish = 3 units of coconut

d. What is the opportunity cost of producing 1 unit of coconuts in Mountania? unitis) of fish  

it can produce 15 units of fish or 45 units of coconuts.

Therefore 1 unit of coconut has opportunity cost of 15 fish/45 coconut = 0.33 unit of fish

e. (Click to select)has a comparative advantage in the production of fish. ck to select) has a comparative advantage in the production of coconuts.  

Islandia can produce 60 units of fish or 30 units of coconuts and Mountania can produce 15 units of fish or 45 units of coconuts.

Therefore Islandia has comparative advantage in fish production because it can produce 45 more fish given same resources

f. What will be the terms of trade for fish? Betweena andunits) of coconuts .  

1.5 unit of Coconut can be derived as a basis for exchange when the opportunity cost of fish for mountania (3 coconut) is multiplied by the opportunity cost of fish for Islandia (0.5 coconut). At 1.5 units of coconut per fish, both countries will be happy because it is higher than the benefit Islandia would have gotten and lower than the cost that mountania would have borne.

What will be the terms of trade for coconuts?  

0.66 unit of fish can be derived as a basis for exchange when the opportunity cost of coconut for Islandia (2 fish) is multiplied by the opportunity cost of coconut in Mountania (0.33 coconut). At 0.66 units of fish per coconut, both countries will be happy because it is lower than the cost Islandia would have borne and higher than the benefit that Mountania would have enjoyed.

5 0
3 years ago
Why might a manager for a non-profit organization seem as concerned with his or her organization's financial well-being as a for
a_sh-v [17]

Answer:

c. Not-for-profit organizations need to make money to continue operating.

Explanation:

Non-profit organisations mainly focus on meeting their set objectives for example ensuring education is provided to poor children, health services reach the less privileged in society, and so on.

On the other hand for profit organisations mainly focus on turning a profit for the benefit of the business owners.

The manager for a non-profit organization will be as concerned with his or her organization's financial well-being as the for profit manager.

This is because non- profit organisations tend to have a tight budget and they will need to effectively manage resources available to them to ensure they keep functioning.

3 0
2 years ago
Assume you are completing a swot analysis for CVS. Amazon's entrance into the healthcare business would fall under which part of
antoniya [11.8K]
The answer is threat and Chegg says that as well
6 0
3 years ago
Total spending in an economy is the sum of: personal consumption plus gross private investment plus government spending plus net
vichka [17]

Answer:

The correct answer is personal consumption plus gross private investment plus government spending plus net exports.

Explanation:

Total spending in an economy is the sum of personal consumption plus gross private investment plus government spending plus net exports.

Personal consumption expenditure is spending by consumers on goods and services. Gross private investment is the expenditure by the businesses.  

Government spending is the expenses incurred by the government. Net exports are the amount spend on the purchase of goods and services from abroad.

All these together make total spending in an economy.

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3 years ago
In arab countries, business executives will often digress from the primary purpose of the meeting, then eventually return to the
Kryger [21]
The scenario given above is an example of cultural manners and customs. Cultural manners and customs has to do with the the ways societies do things in foreign countries. Manners and customs typically affect both the management and marketing operation of a company. International companies must understand the manners and customs of the country where they are located in order to succeed. 
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