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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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The most complex level of culture is the culture trait.
xeze [42]

Answer:

False.

Explanation:

Culture trait is the simplest level of culture. It is an individual tool, act, or belief that is related to a particular situation or need. Using spoons and forks when eating is a culture trait. Another trait is the specific greeting used when meeting people. If you meet a pal, you probably say, “Hello”. On the other hand, when greeting the company's manager you would probably be quite formal. The greeting you use is related to the particular situation or need.

So, Individual culture traits combine to form the next level – culture complexes.

And culture complexes combine to form larger levels called culture patterns. These patterns form important components of a society’s culture.

5 0
3 years ago
When do many companies expect to have a net loss
Korolek [52]
When outflow exceeds income.
6 0
3 years ago
Investment Management Inc. (IMI) uses the capital market line to make asset allocation recommendations. IMI derives the
algol13

Answer:

The expected return that IMI can provide subject to Johnson's risk constraint is 8.5%

Explanation:

Capital Market Line (CML)

Expected return on the market portfolio, E(r_m) = 12 %

Standard deviation on the market portfolio, σ_p = 20%

Risk-free rate, r_f = 5%

E(r_c) =  r_f + [  E(r_p)  - r_f ] × ( σ_c ÷ σ_p)

         = 0.05 + [ 0.12 - 0.05] × (0.10 ÷ 0.20)

= 8.5%

5 0
3 years ago
Using the rule of 70, about how much would $100 be worth after 50 years if the interest rate were 7 percent?
lions [1.4K]

The rule of 70 states that the doubling time or the time required to double an investment is equivalent to 70 divided by the interest rate. So in this case the interest rate is 7%, so the doubling period is:

doubling period = 70 / 7 = 10 years

 

Therefore the investment doubles every 10 years. So:

0 year = $100

10 year = $200

20 year = $400

30 year = $800

40 year = $1600

50 year = $3200

 

Answer:

<span>$3200</span>

4 0
3 years ago
A dry cleaner uses exponential smoothing to forecast equipment usuages at its main plant. August usage was forecasted to be 88 p
almond37 [142]

Answer:

forecast on equipment usuge by a Dry cleaner

Explanation: For Sept 88,91,94  and 97

october-94,97,

6 0
3 years ago
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