Answer:
c. less corporate profits.
Explanation:
Subtract all the expenses from the revenue that are solely associated with Cookbook product line.
60000 - 36000 - 18000 - 2000 = 4000
This $4000 suggests that CookBook product line contributes profit of 4000 towards the company. So If the cookbook product line had been discontinued prior to this year, the company would have reported less corporate profits by $4000.
Answer:
A) anchoring bias
Explanation:
Anchoring bias refers to a common mistake of relying heavily on the first information that we get, or in this case, the first information that we look for.
We all tend to suffer from anchoring bias, that is why it is one of the oldest sales techniques. Everyone has seen an ad that states a before price and a discount price. If the difference between the before price and the after price are significant, then we will consider that it is a bargain. Or a salesperson first shows us an expensive product, and then shows us a similar but lower priced product, we tend to believe the second product is cheap.
When most of us look for a job, of course we focus on the salary, since we want to work to earn money. But only focusing on the salary is seeing only half the picture, although the most important half. Other associated benefits or costs are usually not considered, e.g. a high paying job might also require dressing formally or spending a lot of time travelling.
Present value annuity will be given by:
PVA=P[1-(1+r)^-n]/r
where:
PVA=present value annuity
P=periodic paymeny
r=rate per period
n=number of periods
substituting the value we get
PVA=60*[1-{1/(0.09/52)]^20})/(0.09/52)]
this will give us:
$28,927.38
CMA stands for comparative market analysis. This tool is used by real-estate agents. In order to define the price and value <span> of a property the agents search recently sold properties that are similar to the subject property and in the same geographical area. So, when performing a CMA, as a unit of comparison real estate are used.</span>
The policymaker domicile in a country can incorporate the Domestic Climate Policy Framework into a widely accepted environmental policy by suggesting their legislation to the international communities.
<h3>What is a Domestic Climate Policy Framework?</h3>
As part of the Framework Convention on Climate Change, theClimate Policy Framework sets out the basic legal framework and principles for international climate change cooperation.
The framework have a goals of stabilizing atmospheric concentrations of greenhouse gases to avoid “dangerous anthropogenic interference with the climate system.
Hence, the legislators (policymaker) domicile in a country can incorporate the Domestic Climate Policy Framework into a widely accepted environmental policy by suggesting their legislation to the international communities.
Read more about Climate Policy
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