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liq [111]
3 years ago
8

Everyday fresh is a retail outlet that sells its products at a discounted rate. it expands its product base to a new division th

at primarily sells stationery. jason buys a set of pencils and erasers and assumes that these products must have a discount too. this kind of reasoning is said to be ______. analogical reasoning deductive reasoning parallel thinking means-end analysis
Business
2 answers:
Goryan [66]3 years ago
8 0

He is following the Deductive Reasoning. In simple words, Deductive Reasoning is the process of reasoning or thinking from one or more characteristics of someone or something to reach at a conclusion about them.  

Like in this example, Everyday Fresh company sells its products at a discounted price, so it is very logical to think for someone that if the company opens up its new product base, that would also be at the discounted price.

So when Jason bought a set of pencils and eraser of Everyday Fresh company, he thinks that this would also be given on a discounted rate. This logical thinking is called as Deductive Reasoning.

otez555 [7]3 years ago
7 0
This kind of reasoning is said to be DEDUCTIVE REASONING.
Deductive reasoning is the process of reasoning based on multiple premises that are generally believed to be true. Deductive reasoning usually moves from the general to the specific. For instance, in the question given above, Jason reasoned that if other products are sold at discounted prices, then the items that are newly available will also be sold at discounted prices. 
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Answer:

Katie Kwasi's Utility Function

The units of x1 that she will consume after the change in income is:

= 40 units of x1

Explanation:

a) Data and Calculations:

Katie Kwasi’s utility function, U(x1, x2) = 2(ln x1) + x2

Current consumption = 10 units of x1 and 15 units of x2

When her income doubles, with prices staying constant, Katie will consume:

= 2(2 * 10 of x1) + 15 of x2

= 40 units of x1 + 15 units of x2

Therefore, she will consume 40 units of x1 and 15 units of x2

b) The above function expresses mathematically Katie's utility to be a function of the units of x1 and x2 that she can consume, given her income constraint.  If her income doubles, Katie will consume double units of x1 and the same units of x2 as she was consuming before the change in income.

4 0
3 years ago
Use the following information to determine this company's cash flows from financing activities.a. Net income was $466,000. b. Is
Leni [432]

Answer:

The answer is ($174,000)

Explanation:

Cash flows from financing activities show the inflow and outflow of cash that are used to fund the business's operations.

Cash flow from financing activities:

Issuance of common stock......................................$79,000

Payment of dividend........($13,000)

Settlement of notes payable.................................($125,000)

Payment for treasury stock.........…...........................................($115,000)

Net cash from financing activities...............................($174,000)

5 0
2 years ago
How is Change Management related to Baselining?
zheka24 [161]

Answer:

hope it helps..

Explanation:

Change management is an important part of project management in which the original project plan, represented by the baseline, is used to measure and assess project execution. ... The initial baseline is created by copying the data from the project after the project plan is completed, prior to starting.

8 0
3 years ago
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Gnesinka [82]

Answer:

The amount of the fee is $1689.60

Explanation:

The computation of the amount of the fee is shown below:

= Dollar value × fund charges a 12b-1 fee

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Since the question has asked the fee amount so we consider the fee charges percentage, not the capital investment Lifecycle fund. Thus, we ignore the Capital Investments Lifecycle Fund as it is not relevant.

Hence, the amount of the fee is $1689.60

8 0
3 years ago
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