Which loan type requires you to make loan payments while you’re attending school?

Tom, the store manager, recently had to fire Jan, an employee who graduated from Paradise College. He felt that Jan was not well

loris [4]

Answer:

representativeness bias

Explanation:

Representativeness bias -

It is also known as representativeness heuristic .

Heuristics refers to the use of some mental shortcuts during the process of judging or decision making .

The term representativeness heuristic was first given in the year 1970 , by psychologists Daniel Kahneman and Amos Tversky .

The use of heuristic for making any judgement by the use of comparison , is referred to as representativeness heuristic .

The process involves comparison with some predefined object or situation , with the new object or scenario , makes the process of understanding much more easier .

Hence , from the given information of the question ,

The correct term is representativeness heuristic .

5 0

2 years ago

Westfield Graziers packages and distributes three grades of animal feed. The material cost per tonne and estimated annual sales

7nadin3 [17]

Answer:

1. Particulars Super premium Premium Economy

Material cost $16 $12 $10

Indirect cost (40000/10000) $4 $4 $4

Total cost $20 $16 $14

Profit (100% of total cost) $20 $16 $14

Selling price $40 $32 $28

2. Yes, the price calculated in part A takes into account what customers are willing to pay. This can be said because the company has the policy of adding 100% to the total cost. This means that the company knows that customers will be willing to pay that much amount.

8 0

2 years ago

Until this past century, infancy was the life-stage with the highest mortality rate. ______ was/were also a time of high risk, d

OverLord2011 [107]

The answer in the space provided is early childhood and toddler hood because they are likely to be prone to infectious disease as they are still young and have a weak immune system that made them susceptible to be associated with diseases that they could obtain easily.

6 0

2 years ago

Which of the following is an appropriate solution to an overspending allowance?

nika2105 [10]

Answer:

a

Explanation:

8 0

2 years ago

Mortensen Industries, which uses a process-costing system, adds material at the beginning of production and incurs conversion co

Studentka2010 [4]

Answer: 60%

Explanation:

Find the ending work in process.

Materials are complete at inception so the Equivalent units of Materials represent the total units.

Ending WIP will therefore be:

= Materials EUP - Units started and completed

= 5,000 - 3,500

= 1,500 units

Stage of completion is based on Conversion.

Conversion EUP = Total started and completed + (x% * Closing WIP)

4,400 = 3,500 + (x% * 1,500)

4,400 = 3,500 + 15x

15x = 4,400 - 3,500

15x = 900

x = 900/15

x = 60%

Conversion is 60% complete so this is the stage of completion.

7 0

2 years ago