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pogonyaev
3 years ago
7

Skylar is the owner of Pirate Pizza Bus, a popular food truck. The food truck was so successful that she decided to open a brick

-and-mortar location several years ago. While the truck continues to earn a good profit, the physical restaurant has been performing poorly. She has continued to invest a lot of energy and money into trying to make the restaurant profitable, but nothing is working. Current projections show that the restaurant will continue to lose money, but she decided to go ahead and invest a large sum of money into more advertising for it. Skylar is demonstrating which bias?
Business
1 answer:
Soloha48 [4]3 years ago
3 0

Answer:

Commitment bias

Explanation:

Commitment bias refers to keep doing something because that is what you have always done, or because that is what you have said before that you wanted to do. This means that you are so committed to an idea, that you cannot realize that it is probably not a very good idea.

In this case, Skylar is so committed to making her brick and mortar restaurant work, that she cannot understand that it probably will never do.

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3 years ago
Frank has an auto policy with a coverage limit of $30,000 and a deductible of $1,000. He gets into an accident and the damages t
irakobra [83]

Answer:

$1000

Explanation:

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4 0
2 years ago
Nick has a policy that the insurer can cancel when he turns 65. Which type of policy is it?
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Answer: Conditionally renewable

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8 0
3 years ago
Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bond
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Answer:

Explanation:

The journal entry is shown below:

On September 30

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The computation is shown below:

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7 0
3 years ago
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7 0
3 years ago
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