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Lapatulllka [165]
3 years ago
14

Please label each scenario below as to whether or not the person is acting rationally, making choices leading to the outcome the

y desire most. Steven's family is at a Korean restaurant. He orders some spicy barbeque pork, but it tastes terrible. They can't get a refund or replacement, so he leaves it uneaten. His parents are dismayed, as this is a better meal than they ever had growing up, but he sees no point in suffering more than he has. Steven is... Jacklyn obtains her first credit card. Since she sees its balance separate from her checking account, she spends $10,000 on designer clothes she can't really afford. She figures it's alright since she doesn't have to pay it until later. Jacklyn is... Brian's economics professor assigns online homework due at 11:55 PM. Although Brian cares about the grade more than anything else going on, he doesn't begin the assignment until 11 PM, even though previous ones took two hours. He doesn't expect this one to be any easier but figures if he's just more focused this time he'll finish with time to spare. Brian is...
Business
1 answer:
likoan [24]3 years ago
6 0

:Answer: Steven is Acting Rationally,

Jacklyn is Acting Irrationally, Brian is acting irrational

Explanation:

Rational behavior refers to a thoroughly thought out decision-making process that people make result in thier benefit alone

For irrational behaviours, choices are made without thinking thoroughly and do not benefit the individual.

Here, Steven acted RATIONAL by leaving the restaurant because the meal according to me does not taste well, he would rather leave than manage what is detrimental to him.

Jacklyn acted lRRATIONAL because she spends more than what she can, in the long run, this will not be beneficial to her.

Brian also acts IRRATIONAL because he reduces to do his assignment at the right time, knowing fully well the cons of behaving like this will not be beneficial to him.

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Tetra Co. uses the perpetual inventory system and a FIFO cost flow method. On January 1, the company purchased 2,400 units of in
Juli2301 [7.4K]

Answer:

The options are not correct:

Dr costs of good sold  $15,800

Cr inventory                                   $15,800

Explanation:

The 4,400 units sold consist of the 2,400 units purchased on 1 January at $4.00 per unit and the balance of 2,000 units from the purchase made on January 12 at $3.10 per unit

cost of goods sold=(2,400*$4)+(2,000*$3.10)=$15,800

The cost of goods sold is $15,800 ,neither is it $11,900 nor $11,800

The appropriate entries is to debit costs of good sold with $15,800 while merchandise inventory is credited with $15,800

3 0
3 years ago
A document which is an illegal copy of something. made for the purpose of deception, is known as
Harlamova29_29 [7]
A document which is an illegal copy of something. made for the purpose of deception, is known as counterfeit.
5 0
3 years ago
If bonds with a face value of $208,000 are issued at 97, the amount of cash proceeds is ____
madam [21]

Answer:

C) $201,760

Explanation:

To compute the amount of cash proceeds, we have to multiply the bonds face value with the issued price percentage.  

Since only issue price is given, so we assume it is in percentage form because the number of shares is not given in the question. So, we assume this.  

In mathematically,  

Cash proceeds = Face value × 0.97

                          = $208,000 × 0.97

                          = $201,760

4 0
4 years ago
Steady-state means:
Setler [38]

Answer:

the price of bonds will tend to

fall!

Explanation:

the price of bonds will tend to

fall!investment the price of bonds will tend to

fall!the price of bonds will tend to

fall!investment = depreciationinvestment = depreciationinvestment = depreciationthe price of bonds will tend to

fall!investment = depreciationinvestment = depreciationinvestment = depreciationinvestment = depreciationinvestment = depreciation depreciation

7 0
3 years ago
Chavez Corporation reported the following data for the month of July:
Alchen [17]

Answer:

Direct Material Cost for July=$60,600

Explanation:

The direct materials cost for July is is calculated as:

Raw Material in the beginning=$34000

Additional Raw materials purchases=$69500

Total Raw material Available=Raw Material in the beginning+Additional Raw materials purchases

Total Raw material Available=$34000+$69500

Total Raw material Available=$103500

Ending Raw material=$33500

Raw material used in production=Total Raw material Available-Ending Raw material

Raw material used in production=$103500-$33500

Raw material used in production=$70000

Indirect materials included in manufacturing=$9400

Direct Material Cost=Raw material used in production-Indirect materials included in manufacturing

Direct Material Cost=$70000-$9400

Direct Material Cost=$60,600

8 0
3 years ago
Read 2 more answers
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