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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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A plastic manufacturing company has made a strategic decision to purchase a fleet of 3- D printers and use these printers to pro
Tresset [83]

Answer:

$51,696.44

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow in year 0  = $-92,700

Cash flow each year from year 1 to 4 = $36,000

Cash flow in year 5 = r $17,500 + $36,000 = $53,500

I = 10.75%

NPV = $51,696.44

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

3 0
4 years ago
Angel Corporation reported pretax book income of $1,018,000. During the current year, the net reserve for warranties increased b
ira [324]

Answer:

$346,120

Explanation:

Calculation for what Angel's hypothetical tax expense in its reconciliation of its income tax expense is

Using this formula

Tax expense =Pretax book income*Tax rate

Let plug in the formula

Tax expense =$1,018,000*34%

Tax expense =$346,120

Therefore Angel's hypothetical tax expense in its reconciliation of its income tax expense is $346,120

6 0
3 years ago
A Las Vegas supermarket bakery must decide how many wedding cakes to prepare for the upcoming weekend. Cakes cost $33 each to ma
Nesterboy [21]

The bakery should stock 2 wedding cakes.

Solution:

Cost = $33/cake

Rev = $60

Shelter value= $30

Cost of stock out = Selling Price - Unit cost

                                   = $60 - $33 = $27

Cost of excess inventory = Unit cost - Salvage value

                                                = $33 - $30 = $23

The bakery will stock 2 marriage bakes as the service standard of 0.54 dropped to a combined likelihood of 0.50 and 0.80.

8 0
4 years ago
Which statement best describes the economic relationship between
Sveta_85 [38]

Answer:

A. Households buy goods from product markets.

#FreeMelvin

3 0
3 years ago
One of the four major time value of money terms; the amount to which an individual cash flow or series of cash payments or recei
maxonik [38]

Answer:

Future value

Explanation:

Future value is the value an assets as currently based on the assumed rate of its growth or increase.

Determining the future value of money or an investment helps one to make calculated decisions on what to get from the purchasing power of such money or how much the investment will be worth in the future.

Future value is calculated using

FVi=PV (1+I)n

Where

FVi is the value at the end of a particular period.

PV is price value.

I is the interest rate.

n is the number of compounding periods.

4 0
4 years ago
Read 2 more answers
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