Answer:
The correct option is C
Explanation:
Overconfidence bias is a tendency to hold a misleading assessment of our skills, intellect or talent.
Th illumination stage is the stage at which the ideas from creative thinking began to flow.
<h3>What is a
creative thinking?</h3>
This refers to a thinking process that is intented to gain a new insights and different ideas through existing information
The stages of the creative thinking includes:
- Preparation
- Incubation
- Illumination
- Evaluation
- Verification
In conclusion, the illumination stage is the stage at which the ideas from creative thinking began to flow because the ideas are been illuminated from the mind.
Read more about creative thinking
<em>brainly.com/question/24597584</em>
Opportunity costs. Please give me Brainliest answer.
Answer: the substitution bias
Explanation: The substitution bias shows the tendency of consumers of buying less costly good in place expensive one.
In the given case when the price of apple rises and the price of oranges falls then the consumer will purchase more of the oranges. In such a scenario the index will rise showing that the good which was purchased earlier by the consumers has risen however in the real world the consumer shave sifted their demand to a less expensive product.
Thus, it will lead to overstatement of substitution bias.
Answer:
$450 unfavorable
Explanation:
We have given
Actual price per unit of direct material AP = $5.00
And standard unit price of direct material SP = $5.10
Actual quantity of direct material used AQ = 4500
We have to find the direct material price variance
We know that direct material price variance is given by
