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RoseWind [281]
3 years ago
9

The fact that most people make some decisions based on intuition rather than calculation is: Select one: a. irrational, because

intuition is usually wrong. b. consistent with the cost-benefit model because calculating costs and benefits is irrational. c. consistent with the cost-benefit model because most people intuitively weigh costs and benefits. d. inconsistent with the cost-benefit model, but still rational.
Business
1 answer:
vodka [1.7K]3 years ago
4 0

Answer:

c. consistent with the cost-benefit model because most people intuitively weigh costs and benefits

Explanation:

People weight the cost and benefit before making desitions Some times without noticing they are doing it.

Also is important to notice intuition takes a role when there are shades in the information, the effect on the personnel and when not all information is available.

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Suppose that a restaurant uses a focus group of regular customers to determine how many customers would buy a proposed new menu
lana [24]

Answer:

E. the demand​ curve, and the inverse demand curve can be calculated from it.

Explanation:

A demand function helps to show the relation between quantity demanded and price, the price here is the quantity is a function of price. So, writing the function in other way round, the price which is a function of quantity demanded is called as an inverse demand function.

As per the details given in the question above, it is clear that the quantity is a function of price. The prices on the menu varies and the quantity demanded is determined through various prices. Using this a demand function can easily be computed since quantity is a function of price.

4 0
3 years ago
What do you think an investor would be most interested in knowing about the financials of your company? Why do you think that is
salantis [7]

Before making an investment, investors look at a company's financial accounts because they believe that bigger profit margins will result in a better return. The company's reputation encourages investors to make risk-free investments with ease.

What is investing?

Buying an asset or thing in the future with the expectation that it will produce income or increase in value is referred to as "investing."

Investors value financial statements because they contain a wealth of information about a company's balance sheet, income statement, and cash flow statement.

Investors pay attention to a company's profit margins since they result in a higher rate of return. The company's annual report from the prior year and goodwill of the company show investor to easily invest without any risk.

As a result, an investor must be interested of the company's financial statements and goodwill.

Learn more about on company, here:

brainly.com/question/20354514

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8 0
2 years ago
The board of directors declared cash dividends totaling $168,000 during the year. The comparative balance sheet indicated divide
Paul [167]

Answer: $172,000

Explanation:

The amount of cash payments to stockholders during the year will be calculated thus:

Cash dividend declared = $168,000

Add: Beginning dividends payable = $46,000

Less: Ending dividends payable = $42,000

Cash payments to stockholders = $172,000

4 0
3 years ago
Company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example o
hammer [34]

Answer:

the globalization of production.

Explanation:

Since company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example of the globalization of production.

Globalization of production can be defined as the process of sourcing goods and services from other countries (locations) around the world in order to take advantage of labor cost savings and quality of other factors of production such as land and capital.

Additionally, globalization can be defined as a strategic process which involves the integration of various markets across the world to form a large global marketplace.

<em>Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world</em>.

3 0
3 years ago
What allows good leaders to be flexible and welcome change without showing signs of resistance?
posledela
Acting as a facilitator allows good leaders to be flexible and welcome change without showing signs of resistance 
5 0
3 years ago
Read 2 more answers
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