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alexandr402 [8]
3 years ago
7

Observations of violations of consumer optimum predicted by consumer choice theory could provide support for   I. utility analys

is II. bounded rationality III. behavioral economics A. both II and III. B. both I and II. C. I only. D. III only.
Business
1 answer:
Mamont248 [21]3 years ago
6 0

Answer:

A. both II and III.

Explanation:

Bounded rationality refers to the idea which states that when making decisions, the rationality of an individual is limited by the information he has.

Behavioral economics refers to the effects, psychological, emotional and social factors have on the decision making process of individuals and institutions.

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When choosing a distraction channel, the impact it has on an offering's costs can significantly affect the Of the offering and h
lions [1.4K]

Hi, you've asked an incomplete question. However, I provided some explanations on distribution channels.

<u>Explanation:</u>

Interestingly, the term distribution channel is one often used in businesses today to refer to the various routes or intermediaries their goods or services passes through before it gets to the end-user or buyer.

Today the popular distribution channels among businesses include:

  • retailers,
  • wholesalers,
  • distributors,
  • the Internet.

Among the various options, the internet has been attributed by some big businesses to be most instrumental in their distribution process.

6 0
3 years ago
Which of the following is not allowed by scrum refactoring velocity tracking relaease planning hardening sprints
Igoryamba

Answer:

(B) Hardening sprints

Explanation:

Hardening Sprints are not allowed because the subject of hardening should be continuously address throughout normal Sprints.

Or if the question has the following options:

Which of the following is not allowed in Scrum?

a. Using Story Points

b. Hardening Sprints

c. Release Planning

d. Using Planning Poker

Answer:

(B) Hardening sprints

Explanation:

Using Story Points, Release Planning, Using Planning Poker are not mandatory but allowed. Only hardening sprints are not allowed.

3 0
3 years ago
In a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and selle
V125BC [204]

Answer:

True

Explanation:

In a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price takers. Market price is set by the forces of demand and supply.

If the seller attempts to set his own price and sets it above the market price, the seller would lose all its customers and make zero sales.

If the seller attempts to set his own price and sets it below the market price, the seller would make losses .

I hope my answer helps you.

7 0
3 years ago
Demand for food doesn't change in response to a change in price. Why?
Alborosie

the answer is D, demand for food is inelastic

7 0
3 years ago
Read 2 more answers
Break-Even Sales Currently, the unit selling price of a product is $280, the unit variable cost is $230, and the total fixed cos
Aliun [14]

Answer:

a.

Break even in units sales = 11200 units

b.

Break even in units sales = 7000 units

Explanation:

Break even sales in units is the number of units needed to be sold in order for the company to reach a point where it covers all of its total cost with its total revenue and break evens. It is a point of no profit and no loss and the total revenue is equal to the total costs.

The formula to calculate break even in units is,

Break even in units = Fixed cost / Contribution margin per unit

Where, contribution margin per unit = Selling price per unit - Variable cost per unit

a.

Break even in units = 560000 / (280 - 230)

Break even in units = 11200 units

b.

Anticipated Break even in units = 560000 / (310 - 230)

Anticipated Break even in units = 7000 units

3 0
3 years ago
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