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rodikova [14]
3 years ago
5

Mark is looking to buy his first home. His friends suggest that he check the style of the house and the number of rooms. He is,

therefore, focusing extensively on the look of the house to evaluate its value, rather than its condition or location. This implies that Mark was engaging himself in the _________ bias.a. presentativenessb. anchoringc. fundamental d. attributione. availabilityf. self-serving
Business
1 answer:
Scrat [10]3 years ago
4 0

Answer:

The correct answer is letter "B": anchoring.

Explanation:

Anchoring bias or focalism takes place when individuals make decisions driven by the first impression obtained on a certain matter. Under this situation, those individuals do not take well-educated decisions since there has not been an analysis of the pros and contras of picking that choice over others.

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Frank and Jasmere are both shopping for a new car. They are looking for a $20,000 loan to pay for the new car that they will pay
Neporo4naja [7]

Answer:

d. is correct

Explanation:

8 0
2 years ago
The resource-based view of global business differs from the institution-based view of global business in that the resource-based
erastova [34]

Answer:

Focuses on the internal strenghts of the firm

Explanation:

To understand difference, it is better to start with definicions of each of the concepts.

So, Resource based view focuses on firms's internal resources and capabilities and Institution based view suggests that the success and failure of firms are affected by institutions, such as regulations, laws, ethics, cultures and norms

4 0
3 years ago
Executive Chalk is financed solely by common stock and has 25 million shares outstanding with a market price of $10 a share. It
luda_lava [24]

Answer: See explanation

Explanation:

First we will have to calculate the value of the firm before the debt issue. This will be:

= 25,000,000 × $10

= $250,000,000

We also calculate the value of the firm after after the proposed capital structure change. The value of equity will be:

= $250,000,000 - $160,000,000

= $90,000,000

Therefore, the value of debt will also be $160,000,000.

6 0
2 years ago
A firm has a production function satisfying constant returns to scale. Their cost of producing 100 units of their product is $20
umka21 [38]

Answer:

1,000,000

Explanation:

As there are constant returns to scale the cost to produce a greater output will grow following a linear fucntion thus,

if 100 units units are produced at a cost of 200,000 dolllars

then 500 units will be produced five times that amount:

200,000  x 500/100 = 200,000 x 5 = 1,000,000

The total cost for 500 units will be a million dollars

8 0
2 years ago
Read 2 more answers
Dry cleaning companies often charge more for women's blouses than men's shirts. They claim that this is because women's blouses
ANEK [815]

Answer:

This practice of charging women more than men for the same service is known as <u>pink tax</u>.

Explanation:

Many manufacturers are charging more for products simply because they're branded for women. This practice is know as pink tax . It is consider a gender discrimination

4 0
2 years ago
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