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Ganezh [65]
3 years ago
10

Consumers will willingly make less-informed decisions: a. ​ if information costs are less than the perceived benefits of gatheri

ng information. b. ​ since ignorance always leads to bliss. c. ​ whenever acquiring more information requires sacrifice. d. ​ if information costs are greater than the perceived benefits of gathering information.
Business
1 answer:
ikadub [295]3 years ago
7 0

Answer:

The correct answer is option d.

Explanation:

In a perfectly competitive market, it is assumed that the buyers and sellers have perfect information and take their economic decisions accordingly. But in reality, buyers and sellers do not have perfect information.

Information comes at a cost, which can sometimes be high. The rational decisions of the consumers without full information can lead to irrational outcomes.

If the cost of gathering information is less than or equal to the benefit earned from the information, the consumers will gather information and make fully informed decisions.  

But if the cost is higher than the benefits, the consumers will not gather information and make a less informed decision.

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The answer would be : B. business

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Davidson Software Technologies believes in hiring only the best programmers in the industry. As a result, it uses a comprehensiv
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Answer:

The correct answer is C

Explanation:

HRM system is the system which is designed in order to automate the business process of human resource, compliance, transactions and payroll. This system allows the business to focus on the people through streamlining all the software workforce into the business intelligence solution.

Recruitment and selection is the procedure of identifying the requirement of job and defining the need of the position, advertising the position and selecting the appropriate person for the position.

Therefore, the recruitment and selection is the component of HRM system which uses the hiring procedure that comprise of testing and interviewing the professionals.

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2 years ago
Manson Industries incurs unit costs of $7 ($5 variable and $2 fixed) in making an assembly part for its finished product. A supp
sergiy2304 [10]

Answer:

Manson Industries

The total cost savings that Manson will realize by buying the assembly part instead of making it is:

($14,700), showing that more costs will be incurred.

Explanation:

a) Data and Calculations:

                                   Make       Buy

Variable cost per unit   $5            $6

Fixed cost per unit          2              2

Total cost per unit        $7            $8

Total units required 14,700       14,700

Total costs           $102,900   $117,600

Cost saving = ($14,700)

b) Based on the above calculations, it benefits Manson more to produce the part internally than to buy from an outside supplier.  There is a cost difference of $1 because the fixed costs will still be incurred whatever decision is taken.

4 0
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At the end of the month, Brown Co.'s petty cash fund contains $4 in cash and receipts for postage of $50 and delivery expenses o
aleksandr82 [10.1K]
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2 years ago
Gina Brooks works for Aquarium Retail Services selling high-end salt water fish and tank supplies. Aquarium Retail Services is t
ExtremeBDS [4]

Answer:

Advantage

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question Deep Blue is attempting to gain a competitive Advantage by stealing it's competitor's key employees. This is because it is taking away trained employees from their competitors who now have to spend time and money hiring and training new employees for that position, which will take a long time since the new employees will probably not have the experience that Gina had.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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