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Anna71 [15]
3 years ago
14

Suppose that you hear about a friend who graduated from your college in performing arts. In addition, suppose that you judge tha

t she is more likely to be selling insurance AND actively participating in a community theater than she is to be selling insurance. You have committed a/an_______ .
Business
1 answer:
Radda [10]3 years ago
6 0

Answer:

The Conjunction Fallacy

Explanation:

Fallacy is used to describe a misleading or deceptive statement. The conjunction fallacy however is an error in which an individual believes that two different events or conditions happening cocurrence is more feasible than one of those event or conditions happening alone. In this case, the individual believes it's more probable that her friend is engaged in both selling insurance AND actively participating in a community theater than her just doing maybe the sales of insurance alone. Individuals with this reasoning error believes that conjunction of 2 conditions is more probable than doing one of those conditions.

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The railroad emits sparks from its engines which sometimes ignite fires on the farm. There is a 1/10 chance of a fire, and when
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Answer:

$5,000

Explanation:

$50,000 *1/10 = $5,000 cost per chance of fire occurring

6 0
3 years ago
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The average annual return form stock investments historically is: a) 11.3% b) 12% c) 12.5% d) 20$​
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Answer: i dotn noy

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3 years ago
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Under U.S. GAAP, if the carrying value of a fixed asset was $50,000, the undiscounted expected future cash flows was $55,000, th
ira [324]

Answer:

$0

Explanation:

According to US GAAP the reduction in the value of the asset due to a decrease in the fair value. It means when fair value of the asset is reduced than the book value of the asset.

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There is no Impairment loss on this asset as the fair market value is more than the book value of the asset.

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3 years ago
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Relative-price variability Group of answer choices rises with inflation, leading to an improved allocation of resources. rises w
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Answer:

Correct option is <u>rises with inflation, leading to an improved allocation of resources </u>

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7 0
3 years ago
The next dividend payment by Savitz, Inc., will be $2.12 per share. The dividends are anticipated to maintain a growth rate of 8
dedylja [7]

Answer:

The answer is 12.9%

Explanation:

This question will be solved using the Dividend Discount Model(DDM).

Po = D1/r - g

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The required return for Savitz, Inc., is therefore 12.9%

8 0
4 years ago
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