Answer:
Principle described by the quote is that of checks and balance
Explanation:
The principle of checks and balances under the US constitution ensures that different branches of government including legislature, judiciary, and executive have some level degree of influence over each other. In such a scenario, one branch may block the processes of another branch if there are reasons for such an action.
Answer: This Week's forecast = 78 appointments
Explanation:
4 Weeks ago = 95 , 3 Weeks ago =80 , 2 Weeks ago = 65 , last Week = 50
forecast : 2 weeks ago = 90
alpha = 0.20
exponential smoothing = recent previous appointment x a + forecast(1-a)
Forecast (last week) = 65 x 0.20 + 90 x (1 - 0.20)
Forecast (last week) = 13 + 72 = 85
Forecast for this week = 50 x 0.20 + 85 x (1 - 0.20)
Forecast for this week = 10 + 68 = 78
This Week's forecast would be 78 appointments
Answer:
b. anchoring and adjustment heuristic.
Explanation:
Anchoring and adjustment heuristic is a Psychological heuristic in which a person or individual influences others by suggesting a starting point. The other person will then rely on the first information offered and an anchor is then placed. The further judgment is made around that anchor which created a bias toward interpretation of information.
Janice also used a strategy of anchoring and adjustment bias by giving first offer of salary. This will be considered as anchor which is placed and all the other negotiations will be around that salary anchor which will be used as starting point.
There are three main sources of income of the the government :
1) individual income tax
2) corporate income tax
3) payroll tax
Answer:
The effect that will happen on the net income is an increase in $6,000.
Explanation:
For this product, we have:
Price: $90.
Variable cost: $28
Allocated fixed cost: $18
There is an opportunity to sell 3,000 units at $30, and the firm has excess capacity.
As the allocated fixed cost only counts for the existing level of production (before accepting the 3,000 additional units), they don't matter in the decision.
With excess capacity, the firm only incurs in the variable cost of $28 per unit. If the price is $30, the variation in the net income will be:
The effect that will happen on the net income is an increase in $6,000.
