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LiRa [457]
4 years ago
8

What is an example of impatience in economic behavior? eating a healthy diet every day insisting on getting a physical exam ever

y year taking the first job you are offered asking for your grade right after finishing a test
Business
1 answer:
RSB [31]4 years ago
3 0

Answer:

taking the first job you are offered asking for your grade right after finishing a test

Explanation:

Economics is the study of how rational individuals & society decide to choose, among various available alternatives having various specifications.  Decision makers being rational - taking decision based on proper analysis, is an important foundation of economics.

However, sometimes economic participants show impatient economic behaviour. It means that  they don't critically evaluate all the aspects while making a decision. Given case of taking a job, i.e supplying own labour is one of them. If a person takes the very first job after finishing test : this implies he / she doesn't evaluate the other alternatives available. The other alternatives could be better in terms of factor income (wage) to its factor (labour) supplied. So, not analysing other  employment options doesn't give clarity about opportunity cost (cost of next best alternative sacrifised) to make the choice. Hence, all these aspects make such person an example of i'mpatience in economic behaviour'.

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Shopping online allows customers to compare prices of many goods and services. This technology will likely:
Murljashka [212]

Answer: d. cause businesses to increase their focus on nonprice aspects of their promotional message.

Explanation: The internet has made it possible for shopping to be done online. Businesses will most likely increase their focus on nonprice aspects of their promotional message as a result of the technology. This would be largely due to an increase in price competition as more and more consumers have instant access to prices from all around the world and in response to this, nonprice competition is more likely to be on the rise.

4 0
3 years ago
A. compute the basic earnings per share<br><br>b. compute the diluted earnings per share
Nookie1986 [14]
It is compute the dilutes earnings per share. I think it’s B.
8 0
3 years ago
What is the difference between marginal values and average​ values?
tester [92]

What is the difference between marginal values and average​ values? Marginal values show the additional benefit or cost from consuming an additional unit of a​ good, while average values are the benefit or cost per unit of a good. When finding the marginal value a marginal analysis is conducted to figure out at what value a person will receive another benefit from making another purchase or consumption of a good or service.

4 0
3 years ago
A researcher wants to understand how customers' social interaction with online retailers impact their loyalty to online retailer
Mnenie [13.5K]

Answer:

Option A, Randomization

Explanation:

Extraneous variables can be taken care of through randomization or random sampling. In random sampling, the extraneous variables are not deleted instead their equal distribution is ensured.  Random sampling increases the external validity and generalize the population.

Hence, option A is correct

6 0
3 years ago
3. At an oral auction for a lamp, half of all bidders have a value of $50 and half have a value of $70. What is the expected win
kykrilka [37]

Answer: $60

Explanation:

From the question, we are informed that At an oral auction for a lamp, half of all bidders have a value of $50 and half have a value of $70.

The expected winning bid if there are four bidders goes thus:

Since there are four bidders, the probability that the winning bid is $50 is 1/2 and for $70, it's 1/2 as well based on the question.

The expected winning bid will now be:

= ($50 × 1/2) + ($70 × 1/2)

= ($50 × 0.5) + ($70 × 0.5)

= $25 + $35

= $60

8 0
3 years ago
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