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zlopas [31]
3 years ago
14

Kahneman and Tversky used experiments to examine how people actually make decisions about risk. The researchers found a multi-st

ep process with editing and evaluating phases. People showed a strong preference to avoid losses, much more than probability or expected value would suggest. Their name for this process is _______.
Business
1 answer:
blsea [12.9K]3 years ago
6 0

Answer:

prospect theory is the correct answer.

Explanation:

  • Prospect theory is the psychological theory explained by Daniel Kahneman and Amos Tversky in the year 1979.
  • Prospect theory is also termed as loss aversion theory.
  • Prospect theory explains how somebody makes a decision and choose among the several options in the risk situation.
  • Prospect theory is used to explain different perspectives of political and economic decision making such as in international connections.

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Which one of the following statements correctly describes export subsidies?
JulijaS [17]
A. Export subsidies are government payments to domestic producers to enable them to charge lower prices and sell more goods
7 0
3 years ago
Striker 44 Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the pro
Gnoma [55]

Answer:

correct option is A. ​$331,000

Explanation:

given data

Direct materials =  ​$86,000

Direct labor ​= 130,000

Variable factory overhead = ​57,000

Fixed factory overhead ​= 135,000

Total costs = ​$408,000

avoidable =  $58,000

to find out

highest price that McMurphy should be willing to pay for​ 12,000 units of the part is

solution

we get here highest price that McMurphy should be willing to pay for​ 12,000 units of the part that is express as

highest price  = Direct material + Direct Labor + variable factory overhead + avoidable fixed overhead   .....................1

put here value we get

highest price  = $86000 + $130000 + $57000 + $58000

highest price  = $331,000

so correct option is A. ​$331,000

7 0
3 years ago
Which is the most common ethical dilemma that financial planners face? A. method of meeting their clients B. method of charging
konstantin123 [22]

B. The method of charging their clients

Is is responsible and ethical to make money off your clients even if their investments that you are responsible for are not doing well and are losing money?

7 0
3 years ago
Garfield Corp. expects to sell 1,300 units of its pet beds in March and 900 units in April. Each unit sells for $110. Garfield’s
Pani-rosa [81]

Answer:

$62,800

Explanation:

Following Garfield Corp's policy, the number of pet beds that must be purchased, assuming no initial inventory, is given by the expected number of sales in March (1,300 units) added to 30% of the expected sales in April (30% of 900 units):

n=1,300 +(0.3*900)\\n=1,570\ units

Since the company purchases each pet bed for $40, total budgeted purchases are:

P=\$40*n=\$40*1,570\\P=\$62,800

Garfield Corp's total budgeted purchases for March are $62,800.

6 0
3 years ago
A successful manager is most likely to have:________
rewona [7]

Option [D] is the correct answer.

A successful manager is most likely to have a reactive personality. In addition to leading teams and fostering their growth, excellent managers may simultaneously exercise complete control over their company's operations and results.

<h3>Difference between a Manager and a Leader</h3>

A manager is not the same thing as a leader. A leader prioritizes the development and well-being of your team members while a manager may be responsible for work delegation and timekeeping. The best managers are adept at performing both tasks and can effectively leverage each employee's abilities to create a successful company. Deborah Sweeney, vice president and general manager of business acquisitions at Deluxe Corp., asserts that effective managers accomplish this by utilizing their emotional intelligence and soft skills.

To know more about ' Good Managerial Skills' , visit:brainly.com/question/24215941

#SPJ4

8 0
2 years ago
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