1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivanshal [37]
4 years ago
8

The hidden-cost fallacy occurs when a. ​A firm considers irrelevant costs b. ​A firm ignores relevant costs c. ​A firm considers

overhead or depreciation costs to make short-run decisions d. ​Both a and c
Business
1 answer:
Phantasy [73]4 years ago
8 0

Answer:

The correct answer is c. ​A firm considers overhead or depreciation costs to make short-run decisions

Explanation:

As Professor Adam Grant suggests, sunk costs have an important effect on our decisions, but there are three factors that influence us even more: anticipated regret ("will I regret it if I don't give the project another chance?"), project completion ("if I continue to invest, I will finish the project successfully") and the threat of ego ("if I do not continue betting on the project, I will seem a failure"

A good option is to prevent these three factors from occurring and constantly ask for feedback from those around us (collaborators, partners, friends). If we ignore the opinions that go against what we think, we will be putting the project at risk without realizing it. On the contrary, those who do not mind "swallowing pride" in the short term will make better decisions in the long term. On the other hand, separating the project from the person, the entrepreneurial venture, will help us not to take the recommendations of our environment personally and to react much more quickly and quickly.

You might be interested in
The oversupply of hospitals and in-patient beds in the U.S. produced by the Hill-Burton legislation is the result of: A. The adv
galben [10]

Answer:

The oversupply of hospitals and in-patient beds in the U.S. produced by the Hill-Burton legislation is the result of:

E. A and C

(A. The advent of managed care and C. Technological advances).

Explanation:

Affordable Care Act produced a managed care system that aligns financial incentives to better care at lower costs.  This has eliminated the need for in-patient admissions.  This is because the Affordable Care Act also created Accountable Care Organizations (ACOs) which in turn are focused on boosting preventive efforts in order to attain quality goals.  With preventive healthcare, there is reduced need for in-patient admissions to utilize the hospital beds.

Another factor that has reduced in-patient admissions is the prevailing technological advances, especially in the areas of telehealth and telemedicine.  These have also drastically reduced the need for in-patients at hospitals, thus freeing more hospital beds as patients can now receive healthcare services from even remote locations.

6 0
4 years ago
As a new IT professional, you need to understand the needs of the business, as well as the various technologies required to desi
vichka [17]

Answer:

Holistic

Explanation:

A holistic approach means thinking about the big picture. You need to understand the need and the enviroment in order to put it in perspective

7 0
4 years ago
Where accrued expenses go on a balance sheet following the basic equation formula?
Paul [167]
Okie gosh gosh oh yeah lol yeah I just
6 0
3 years ago
Which of the following is the correct term to
chubhunter [2.5K]
Standards because it represents how someone acts or how people want them to act
4 0
3 years ago
In reference to auto insurance, what is gap coverage<br>​
worty [1.4K]

GAP insurance is the difference between the actual cash value of a vehicle and the balance still owed on the financing (car loan, lease, etc.).

6 0
3 years ago
Read 2 more answers
Other questions:
  • One news wire article in the text has the title "fed cuts key interest rate half-point to 1 percent." assuming the economy is in
    12·1 answer
  • What are factors of production?
    6·2 answers
  • Learning effects occur when mistakes are made and then new solutions found. insights gained by employees enhance their work perf
    15·1 answer
  • A country with a relatively low level of real GDP per person is considering adopting two policies to promote economic growth.The
    8·1 answer
  • Critics of _____ argue that the approach amounts to a mathematical formula to decide how ethical decisions affect individuals.
    12·2 answers
  • Barnes and Miller Manufacturing is trying to determine the equivalent units for conversion costs with 10,000 units of ending wor
    10·1 answer
  • g Hall Company sells merchandise with a one-year warranty. In the current year, sales consisted of 4,211 units. It is estimated
    11·1 answer
  • Exercise 5-6 Equivalent Units of Production-Weighted-Average Method [LO5-2] Highlands Company uses the weighted-average method i
    15·1 answer
  • One existing business using the lockdown rules to create a new opportunity​
    7·2 answers
  • What policy document provides guidelines to promote information sharing?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!