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jok3333 [9.3K]
4 years ago
6

What is behavioral finance? What does behavioral finance have to do with personal and family finance?

Business
2 answers:
Fofino [41]4 years ago
8 0
Behavioral finance combines behavioral and cognitive psychological theory. It is reasoning's why people make irrational financial decisions. It is related to personal and family finance because people can make irrational choices there too!
garik1379 [7]4 years ago
5 0

Answer:

Behavioral finance is the branch of economics that studies how people make financial decisions. These finances are related to personal and family finances, because these are factors that directly influence an individual's economic decisions.

Explanation:

Behavioral finance is an area of studies in Economics that aims to understand the decisions that people make in the financial sphere, from the very structure of human behavior, their motivations and, in general, from Psychology. These decisions are directly linked to personal and family factors and therefore we can say that they are related to personal and family finances.

At different times, these two sciences (economics and psychology) "flirted", without ever fixing a point truly common to each other. In particular, because for a long time Economics saw the components it studied following the ideal of Homo Economicus, that is, that of a human being who produces and consumes following only his own rationality.

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Prior to the launch of its financial service, Mint made extensive use of ______ which helped search engines view this business a
Dafna1 [17]

Answer:

Blogs

Explanation:

Blogs are information websites that provides relevant information for a target group in a diary style arranged according to date.

The most recent posts appear first in the website.

Mint has used blogs to provide relevant information to users.

Search engines analyse the contents of websites to determine of they are relevant sources of information.

Mint's blogs have help search engines identify the company as a relevant source of personal financial topics

8 0
3 years ago
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Answer:

The cooperatives help their member to focus their attention on their livestock while the cooperatives work to get the best prices for their products.

Explanation:

5 0
3 years ago
The fixed costs of WeBuy&Sell.com, an e-commerce website, make up about 90 percent of the total costs incurred by the compan
nataly862011 [7]

Answer:

This allows WeBuy&Sell.com to earn high profits at a very low cost. According to the given scenario, WeBuy&Sell.com has high scalability.

Explanation:

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7 0
4 years ago
An advantage of using a debit card is: A) You can build up your credit. B) You don’t have to record a transaction fee each time
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Answer:

D

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5 0
3 years ago
Read 2 more answers
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Lelechka [254]

Answer:

Option B. The company reduces its days sales outstanding (DSO).

Explanation:

As we know that:

Cash conversion Cycle = Receivable days + Inventory days - Payable days

Option A says that the increasing inventory without increasing sales will reduce the cash conversion then it is incorrect because increase in inventory keeping sales constant, increases the inventory days which will increase the cash conversion cycle. So the statement is incorrect.

Option B says that the reduction in Days Sales Outstanding which is also known as receivable days will result in decrease in cash conversion cycle then it is correct because we can see from the equation that reduction in receivable days will reduce the cash conversion cycle.

Option C says that the paying bills sonner by keeping the sales same will decreases the cash conversion cycle then it is again incorrect because reduction in payable days increases the cash conversion cycle.

Option D and E are incorrect because option B is the only statement that is correct.

7 0
3 years ago
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