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Aleksandr-060686 [28]
3 years ago
11

When John bought a phone with a camera, he chose one that could take 12-megapixel pictures over one that could take 8-megapixel

pictures. John felt the picture resolution of the phone he bought was much better than the alternative choice. In the given scenario, John's perception is most likely affected by
Business
1 answer:
11Alexandr11 [23.1K]3 years ago
6 0

Answer:

Just noticeable difference.

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what is the effect on the financial statements when adjust the prepaid insurance account at year-end for insurance coverage whic
yan [13]

Answer:

When prepaid insurance (or any other prepaid expense) is adjusted at year end in order to record accrued expenses, financial statements are affected in the following way:

  • income statement: costs increase, decreasing profits
  • balance sheet: assets and equity decrease
  • cash flow statement: cash from operating activities increases
  • owners' equity: decreases

5 0
3 years ago
Suppose Joe is maximizing total utility within his budget constraint. If the price of the last pair of jeans purchased is $25 an
inessss [21]

Answer:

80 units

Explanation:

Given:

  • Price: $25 we have: 100 units
  • Price: $20, how many units to maximize the total utility

Let X is the number of units we need to find

As we know that, the law of equal-marginal utility a consumer spends his or her income among goods so that utilities receive from the amount spent is equal. So we use a simple rule of three:

$25    100 units of utility

$20      X

<=> 25X = 20*100

<=> X = 80 units

Hope it will find you well.

6 0
3 years ago
Match each Employee Handbook term with its description.
DaniilM [7]

Dress code/ appearance = a

Online behavior = b

Drug-free policy = c

Internet use = d

8 0
3 years ago
Cor-Eng Partnership was formed on January 2, 20X1. Under the partnership agreement, each partner has an equal initial capital ba
inessss [21]

Answer:

Cor's share of Cor-Eng's 20X1 net income is $60,000

Explanation:

                                Partnership Table

                                               Cor$        Eng$        Total$

Ratio                                         60%        40%         100%

Assets                                  60,000      20,000     80,000

Goodwill                                                40,000      40,000

Initial Capital balance        60,000     60,000     120,000

Add: Net income                  15,000       10,000     25,000

Less: Drawing                      -3,000        -9,000     -12,000

Year End balance                 72,000      61,000    133,000

6 0
3 years ago
What does experience show about the relationship of taxation and work? (Gradpoint)
drek231 [11]

Answer:

A tax cut does not cause workers to work significantly more hours. C).

8 0
3 years ago
Read 2 more answers
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