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Vlad1618 [11]
3 years ago
9

Eduardo’s new company wanted to be transparent about all their products, so he chose to market his cleaners as 30 percent toxic

and 90 percent effective. His brother, Marco told him that his idea would not work, but Eduardo said he was going to stick to his idea. He is using his hindsight bias.
True or False?
Business
1 answer:
givi [52]3 years ago
7 0

Answer:

The correct option is false.

Explanation:

Knowing the past inclination is said to exist when an individual overestimates his/her capacity of foreseeing the results of any occasion which are by difficult to be anticipated.  

For instance, an individual X anticipating the triumph of Indian group as the consequence of India-Australia cricket coordinate. In spite of the fact that the Indian group may dominate the game, yet that was not a result of the expectation of individual X's forecast.  

Here, Eduardo isn't anticipating any results, however is adhering to being honest and straightforward to his clients. Henceforth, knowing the past predisposition doesn't exist.

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Qs 20-13 manufacturing: direct materials budget lo p1 miami solar manufactures solar panels for industrial use. the company budg
Helen [10]

Calculation of Direct Material Budget for the month of July:

Budgeted production (Units) for July 5,000

Material required per unit (pounds) 3

Material requirement for July (pounds) = (5000 units * 3 pounds) 15,000

Add: Ending material inventory (5300 units * 3 pounds* 30%) 4,770

Less: Beginning material inventory 4,500

Direct Material Purchase (Pounds) (15000+4770-4500) = 15,270

Cost per pound of Metrial ($) $6.00

Direct Material Purchase ($) (15270 pounds * $6) = $91,620

7 0
3 years ago
What characteristic is somewhat shared by perfect competition and
kakasveta [241]

Answer:

Ease of entering

Explanation:

The main difference between perfect competition and monopolistic competition is that firms sell a similar product in perfect competition. In monopolistic competition, firms sell differentiated products.

In both market structures, their many seller and buyers. There is the ease of entry and exit for suppliers. In both markets, there are no dominant suppliers.

8 0
3 years ago
Henderson's is an all-equity firm that has 135,000 shares of stock outstanding. Neal, the financial vice-president, is consideri
Volgvan

Answer:

The value of the firm is $1,485,000

Explanation:

For computing the value of the firm, first, we have to compute the price per share which equals to

= Borrowed amount ÷ repurchase shares

= $220,000 ÷ 20,000

= $11 per share

Now, the value of the firm should be computed. The formula is used which is shown below:

= Price per share × Number of outstanding shares

= $11 × 135,000 shares

= $1,485,000

Hence, the value of the firm is $1,485,000

4 0
2 years ago
A diagnosis of the competitive challenge, an element of a good strategy, is primarily accomplished through strategy
sveticcg [70]

Answer:

strategy analysis

Explanation:

Strategy analysis is an effective way to analyse the business and internal environment within which they work and operate. Another important feature of strategy analysis is to form a competitive environment within the organisation to create an environment in order to effectively accomplish goals. It helps to form the strategic decision of the company. So, the element of good strategy is to do strategy analysis.

3 0
3 years ago
What is Keynesian model?
murzikaleks [220]

The Keynesian model is an economic theory developed by John Keynes to analyze the Great Depression in the 1930s. In this model, he advocated for increased government spending and lower taxes in an attempt to stimulate consumer demand to pull the economy out of the depression.

5 0
3 years ago
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