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NeX [460]
2 years ago
10

Behavioral economists attribute some consumer behavior to the endowment effect. Which of the following is an example of the endo

wment​ effect? An example of the endowment effect is: A. buying lottery tickets with an expected value that is less than their price. B. being unwilling to sell a vase for a price that is greater than the price you would be willing to pay to buy the vase if you​ didn't already own it. C. being willing to will your descendents a car upon your death that you otherwise could have sold for a substantial price. D. being unwilling to sell a painting that you already own. E. taking into account nonmonetary opportunity costs such as the value of your time.
Business
1 answer:
Andrews [41]2 years ago
7 0

Answer:

B. being unwilling to sell a vase for a price that is greater than the price you would be willing to pay to buy the vase if you​ didn't already own it

Explanation:

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Ryan gave the manager of his convenience store a set of binoculars so she could see the gasoline prices charged by the other con
Aliun [14]

Answer:

Status quo.

Explanation:

Status quo pricing strategy duplicates the value levels of its rivals or keeps up the present value levels of comparative items or services in the market. Status quo is characterized as the manner in which things seem to be, rather than the manner in which they could be.

7 0
2 years ago
Why should management increase with the size of the company?
Evgen [1.6K]

Answer:B. So that the growth can be carefully monitored and managed

Explanation: Management is an act of planing,coordinating and the executing responsibilities in order to improve efficiency.

When a company grows the number of managers are expected to increase so that the activities of the organization is effectively coordinated,growth can be properly and efficiently monitored and managed.

If growth is not efficiently monitored and managed it will hinder the overall performance of the organization.

6 0
3 years ago
At Cost At Retail Inventory, February 1, 2020 $89,550 $99,500 Markdowns 35,000 Markups 63,500 Markdown cancellations 20,500 Mark
Taya2010 [7]

Answer:

$73570

Explanation:

See attached file

8 0
2 years ago
If an agent recommends that a client invest a portion of his portfolio in an international stock fund and is asked whether she s
MariettaO [177]

Answer:

A) No, it is preferable to compare the fund against the Morgan Stanley Capital International Europe, Australasia, Far East (EAFE) Index because it covers international securities.

Explanation:

As It is important that a specific mutual fund should be compared against the benchmark i.e. considered appropriate. The performance of the international fund should also be compared against the foreign stock index like EAFE index  

So in this way the agent should be responded to the current situation

Therefore the option a is correct

5 0
2 years ago
Nichols Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IR
notka56 [123]

Answer:

9.43%

Explanation:

The computation of the internal rate of return is calculated by using the spreadsheet which is shown in the attachment

The internal rate of return is the return at which the net present value comes to zero i.e.

Net present value = 0

initial investment = Present value of cash flows after taking the discounting factor

After solving the given problem, the internal rate of return is 9.43%

5 0
3 years ago
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