Answer:
The correct answer is D
Explanation:
Worth is the word which is described as the value of the business or the net worth which is assets minus liabilities.
In accordance with the Veblen, the concept or the idea of the conspicuous consumption is developed or created. It is believing that the rich person or people are very concerned in showing off their wealth in order to prove their success in from of others.
So, Veblen would likely demonstrate their worth by purchasing the expensive jewels for his wife and then showing off the jewels at the parties.
Answer:
b. anchoring and adjustment heuristic.
Explanation:
Anchoring and adjustment heuristic is a Psychological heuristic in which a person or individual influences others by suggesting a starting point. The other person will then rely on the first information offered and an anchor is then placed. The further judgment is made around that anchor which created a bias toward interpretation of information.
Janice also used a strategy of anchoring and adjustment bias by giving first offer of salary. This will be considered as anchor which is placed and all the other negotiations will be around that salary anchor which will be used as starting point.
Answer:
$154,700
Explanation:
The computation of the change in amount is shown below
But before that first find out the ending capital balance which is
= (Total assets - total liabilities) + (revenues - expenses) - drawings
= ($300,000 - $208,000) + ($523,000 - $319,000) - $49,300
= $92,000 + $204,000 - $49,300
= $92,000 + $154,700
= $246,700
Now the change in capital balance is
= Closing balance - opening balance
= $246,700 - $92,000
= $154,700
Answer:
Inflow of innovation
Explanation:
Negacho introduced its new flavoured chips and received positive response. This shows that the market is open to adopting new innovative products
This is what prompted Brex Mex to introduce their own flavored potato chips.
Basically the market is favorable to introduction of new ideas and products.
