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
jasenka [17]
3 years ago
13

Luke and Mia are selling their home. They listed their house three months ago at an extremely high selling price, a price they r

andomly chose. They do not want to reduce the price to reflect what the marketplace shows their home is really worth. Luke and Mia are participants in _____ bias.
Business
1 answer:
kirill115 [55]3 years ago
5 0

Answer:

anchoring and adjustment

Explanation:

Luke and Mia have determined a selling price based on the overall market review. The price they set was randomly selected by them and they do not want to reduce the price. In that regard, Mia and Luke have participants in Anchoring and adjustment. It is a phenomenon or an initial idea that helps to determine the starting point of a commodity.

You might be interested in
There are a few people in line waiting to be served. you are taking care of one customer and she insists you gave her the incorr
Leto [7]
You enforce the rules, state you did correctly count the amount of money, no exceptions.
5 0
3 years ago
How can social media help employers during the hiring process? Check all that apply.
Gelneren [198K]

Answer:

b

Explanation:

most reasonable answer

7 0
2 years ago
Read 2 more answers
A subsidiary ledger:(A) used in place of the general ledger if the general ledger is destroyed or stolen.(B) a group of accounts
gayaneshka [121]

Answer:

The correct option is C

Explanation:

Subsidiary ledger are those kind of the ledger which is stated as the group of the similar or common accounts, whose combined balances are equal to the balance in the particular account of general ledger.

The general ledger is the account that summarizes or provide detailed information of the account balances of the subsidiary ledger is recognized as the control account or the master account.

The subsidiary ledger are those group of accounts which have a similar characteristic and provide summarized information regarding the control account.

3 0
3 years ago
Le Jouet is a profit-maximizing firm that produces toy trains. In France, its home country, it enjoys unchallenged market power
marysya [2.9K]

Answer:

The demand that Le Jouet faces for toy trains in France is less elastic than in Russia.

Explanation:

This is the statement that best describes the panorama that Le Jouet faces in France. When comparing the markets of France and Russia, we learn that the demand for toy trains in France is less elastic than the demand in Russia. Price elasticity refers to a measure of responsiveness of consumers. This measures how responsive consumers are to a price change.

6 0
3 years ago
Gregory was talking with kareem, his assistant manager, saying, "when i make a decision on which employees will do a project, i
Ira Lisetskai [31]
<span>Gregory's rules of thumb, which he uses in decision making, are known as heuristics.
Heuristic refers to a solution to a problem - it is something you employ in order to achieve the best results possible. These methods you use may not be perfect, but they will help you do what you intended to do properly.
</span>
5 0
3 years ago
Other questions:
  • Suppose Stark Ltd. just issued a dividend of $2.24 per share on its common stock. The company paid dividends of $1.80, $1.98, $2
    15·1 answer
  • Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their components depa
    7·1 answer
  • Mr. and Mrs. Pitt filed a joint tax return in 2017. The couple divorced in 2018. The IRS audited their 2017 return and determine
    11·1 answer
  • DTO, Inc., has sales of $24 million, total assets of $21.1 million, and total debt of $8.2 million. Assume the profit margin is
    15·1 answer
  • When creditors make a decision about approving an individual for a credit card, they consider an individual’s _____.?
    15·1 answer
  • Mary, a real estate agent, buys for herself a property that her principal, Karen, wanted to buy. If Mary is aware that Karen wan
    9·1 answer
  • The first step in the control process is ________. A) setting the desired morals
    14·1 answer
  • Newhard Company assigns overhead cost to jobs on the basis of 114% of direct labor cost. The job cost sheet for Job 313 includes
    15·1 answer
  • Roger is almost done with his feasibility study and is concerned about the financing. Up until this point, he has been operating
    10·1 answer
  • Why was brainly made to be a money grab and scam?<br>Or at least it appears to be.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!