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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.

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The first of two significant fiscal policy initiatives enacted by the government during the great recession, signed in february
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During recessions, governments can adopt expansionary fiscal policies by lowering tax rates to boost aggregate demand and boost economic growth. In the face of rising inflation or other signs of economic expansion, governments can pursue contractionary fiscal policies.

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1 year ago
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8 0
2 years ago
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Based on the above table, which services-providing industry gained the most jobs between 1996 and 2006?
guajiro [1.7K]
Its B, Professional and business services. I just took the test.
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3 years ago
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Which of the following statements about depreciation is correct? When depreciation expense is incurred, cash balances are reduce
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Answer:

The correct answer is letter "B": Depreciation reduces the book value of assets .

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Depreciation shows how much and the value of the assets was used up. This also aims to balance an asset's cost to the revenue that the asset has helped the business gain. Used as an income tax deduction, depreciation calculations offer businesses an annual allowance for the use and deterioration of tangible (physical) assets.

<em>Depreciation reduces the book value of assets because, after the depreciation calculation is done, the amount computed decreases the current value of the asset it represents.</em>

6 0
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As robin uses her computer to write a report of her team’s investigation she is struggling to keep the foot notes numbered in th
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It is advisable for Robin to use the word-processing software to enter footnotes to number them systematically.

<h3>What is a Word Processing Software?</h3>

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8 0
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