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kherson [118]
4 years ago
12

If information processing was perfect, many studies conclude that individuals would tend to make __________ decisions using that

information due to __________.
a. less than fully rational; behavioral biases
b. fully rational; behavioral biases
c. less than fully rational; fundamental risk
d. fully rational; fundamental risk
e. fully rational; utility maximization
Business
1 answer:
blondinia [14]4 years ago
4 0

Answer: a. less than fully rational; behavioral biases

Explanation:  Information processing errors consist of forecasting errors , overconfidence  and conservatism which can lead investors to misestimate the true probabilities of possible events or associated rates of return; and assuming information processing was perfect, individuals would tend to less-than-fully rational decisions due to behavioral biases as confirmed by several studies.

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If the demand for labor is going to outstrip the supply, a(n) _____ manager may hire more workers and encourage current workers
Natasha_Volkova [10]
<span>An human resources manager may hire more workers and encourage current workers to put in extra hours. The human resources department is responsible for hiring people and firing employees, so the hr manager is capable of hiring more workers if they need to. They are responsible for payroll and the employees's well-being, so if the manager feels that he or she can pay the workers for the extra hours they should.</span>
6 0
3 years ago
During the current year, the Jules Company incurred the following product costs:Direct materials used in production $250,000Dire
ICE Princess25 [194]

Answer:

Option (D) is correct.

Explanation:

Given that,

Direct materials used in production = $250,000

Direct labor = $185,000

Manufacturing overhead = $245,500

Beginning Work in Process Inventory = $20,000

Ending Work in Process Inventory = $30,000

Cost of finished goods manufactured for the year:

= Direct materials used in production + Direct labor + Manufacturing overhead + Beginning Work in Process Inventory

= $250,000 + $185,000 + $245,500 + $20,000 - $30,000

= $670,500

5 0
3 years ago
22. Find the effective rate of interest to the nearest hundredth percent if $60.94 is earned in one year on a deposit of
Delvig [45]

Answer:

6.25%

Explanation:

Interest is calculate using the formula

I= P x R x T

in this case

I= interest,  p= $975, r=?? ,t = 1

Therefore:

60.94 = 975 x r x 1

60.94 =975 r/100... we multiply both side by 100 to get rid of the fraction.

6094=975r

r=6094/ 975

r=6.2502

interest rate = 6.25%

4 0
3 years ago
Consider the following cash flow items:
lana [24]

Answer:

b. Pay utility costs. Purchase equipment to be used in operations

Only . Purchase equipment to be used in operations

Explanation:

Investing activities are the second main category of net cash activities listed on the statement of cash flows and consist of buying and selling long-term assets and other investments. In other words, this is the net amount of cash received and paid during an accounting period for long-term assets and investments. You can think of these activities like the money a company uses to invest in itself or the money it makes from its investments.

7 0
3 years ago
Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying cost per pot are estim
Sonbull [250]

Answer:

a. What additional annual cost is $2250

b. Other Benefits of optimal order quantity - Reduces Obsolescence of Stock

Explanation:

The additional annual cost that Garden Variety Flower is <em>the Holding or Carrying Cost</em> of Inventory

Holding or Carrying Cost = Order Quantity/ 2 × Carrying Cost per Unit

Holding Cost at the Usage Level = ( 750/2) × ($2×30%) = $225

Holding Cost at Current Usage = ( 1500/2) × ($2×30%) = $450

Additional Holding Cost                                                   = $2250

6 0
4 years ago
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