1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Keith_Richards [23]
3 years ago
12

A restaurant sells three wines at $30, $40, and $50 per bottle. When it adds another wine to the list at a price of $22, the sal

es of the $30 wine increase by 50%. This is an example of (A) a context effect; (B) risk aversion; (C) self-control problems; (D) randomization.
Business
1 answer:
valentinak56 [21]3 years ago
5 0

Answer:

Option (A) A context effect

Explanation:

A context effect is a psychological effect in which the choices are influenced by the surrounding environmental conditions.

Here in the given question the addition of $22 wine bottled in the list influenced the customers perception as they may have started to feel that $30 is better and economic option and its price is near to the cheapest wine.

You might be interested in
4. Which of the following parts can be stored outside without contaminating the environment? A) Brake master cylinders B) Windsh
rusak2 [61]
B.windshields
the other will all cause some sort of contamination
6 0
3 years ago
Read 2 more answers
Closed the credit balance of $188,000 (from net income) in the retained earnings income summary account.
Marta_Voda [28]
Assuming that you wanted to know how to journal this, it would be :

Dec. 31
  
                                            Debit                        Credit
Income Summary            $ 188,000
      Retained Earning                                          $ 188,000      
3 0
3 years ago
What is the first step in consumer decisions-making process?
Elodia [21]
Consumer decision making is a process that has 5 steps. The first step is the consumer recognition of the need they need to satisfy. It is termed as the basic step since one cannot look for money to satisfy a need that they have not first recognized. 
8 0
3 years ago
Vetox sells industrial chemicals. One of their inputs can be purchased in either jugs or barrels. A jug contains one gallon, whi
soldier1979 [14.2K]

Answer:

D. They might order a greater number of gallons with jugs or with barrels, depending on various factors like the demand rate, ordering cost, and holding cost.

Explanation:

Let us assume the following things  

D be the demand rate

P be the Unit cost

H be the holding cost per gallon per months

S be the  ordering cost

Now the economic order quantity is  

EOQ units = Q = √(2DS ÷ (H))

Therefore, the order quantity would be based upon demand rate, ordering cost and holding cost.

So the last option is correct

3 0
3 years ago
Maya got a job transfer from Italy to New York. After working for some time in New York, she started to understand the mental mo
alisha [4.7K]

Answer:

C. The capacity to empathize and act effectively across cultures.

Explanation:

Since in the question it is mentioned that the use the words and behavior that are compatible with the new york local culture so here the global mindset that arise in her life represent the attribute with related to the capacity for empathizing and it act effectively over and across the culture

so as per the given situation, the option c is correct

7 0
3 years ago
Other questions:
  • Total interest paid on a 30-year straight note was $230,000 during the term of the loan. The annual interest rate was 6.6%. What
    5·1 answer
  • Which of the following is the best example
    10·1 answer
  • 3
    6·1 answer
  • How to report nominal logistic regression in papers?
    8·1 answer
  • On January 1, Revis Consulting entered into a contract to complete a cost reduction program for Green Financial over a six-month
    8·1 answer
  • Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to deter
    10·1 answer
  • Which type of critic expresses thoughts with precision, clarity, and grace, through the careful building up of ideas, a presenta
    8·1 answer
  • Net income computed under absorption costing will be: higher than net income under variable costing when units produced are grea
    7·1 answer
  • Acme Movers is a company that ships goods and cargo to all locations in the United States. The employees understand that the com
    15·1 answer
  • true or false. GDP measures total expenditures on final goods and services during a given period of time
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!