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Alenkinab [10]
3 years ago
12

In the Warning Labels Scenario, the objective of introducing warning labels on cigarette packs is to reduce smoking among consum

ers, based on the belief that if consumers read these statements and look at these graphic depictions, the desired outcome will be achieved. This change in behavior resulting from the interaction between the consumer and the warning labels is referred to as _____.
Business
1 answer:
antiseptic1488 [7]3 years ago
6 0

Answer:

Learning

Explanation:

The warning label is introduced on any cigarette packet with one motives is to reduce consumption of cigarettes. It is based on the assumption that when people see the graph or label on the cigarette packet , it will lead to the desired outcome. the desired outcome includes less consumption of cigarette packets.  change of behavior that introduces between the warning sign and cigarette consumption is referred to learning.

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Fiat money:________.a) has no intrinsic value. b) is backed by gold. c) is a medium of exchange but not a unit of account. d) is
liberstina [14]

Answer: a) has no intrinsic value

Explanation:

Fiat currency is money that is used in a country and is regulated by the central bank of that country. Fiat money has no commodity backing it such as gold or silver and has no intrinsic value of its own.

It is instead backed by the full faith and credit of the government of the country that produces it. For instance, the US dollar is backed by the full faith and credit of the US government.

3 0
3 years ago
The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $31,000 per year fo
Whitepunk [10]

Answer: 6.51%

Explanation:

To get the interest rate at which the deal will be fair

Annual payment per year/ cost × 100

Perpetuity = D/r

476000 = 31000/r

r = 31000÷ 476000

r = 0.06512

r = 0.06512 × 100

r = 6.512%

Where D is the dividend

r is the rate

3 0
3 years ago
On January 1, Year 5, customers owed Eagle $40,000. On December 31, Year 5, customers owed Eagle $30,000. Eagle uses the direct
irinina [24]

Answer:

$200,000

Explanation:

The computation of the net revenue is shown below:

= Cash sales gross - Returns and allowances + credit sales gross - discounts + beginning balance of account receivable - ending balance of account receivable  

= $80,000 - $4,000 + $120,000 - $6,000 + $40,000 - $30,000

= $200,000

We simply first compute the net cash sales after considering the returns and allowances, and net credit sales after considering the discounts, and deduct the ending balance of account receivable

3 0
2 years ago
Which of the following statements is (are) true regarding product costing?(A) Twenty cans of paint that are 25% full are equival
MrRa [10]

Answer:

B is the correct option.

Explanation:

Product costing refers to the cost incurred for creating a product. It includes the materials, labor, factory overhead and consumable production supplies. It can also be defined as the labor cost required for delivering the service and in this case, its cost also includes the costs related to compensation, payroll taxes, and employee benefits. The cost of a product on a unit basis is calculated by adding the cost of total direct labor, materials, consumable supplies and total allocated overhead divided by the total number of units.

6 0
3 years ago
Explain consumptions of the principal of absolute advantage​
DENIUS [597]

Answer:

The Absolute Advantage Theory assumed that only bilateral trade could take place between nations and only in two commodities that are to be exchanged.

Explanation:

In economics, the principle of absolute advantage refers to the ability of a party (an individual, a firm, or a country) to produce more of a good or service than competitors while using the same amount of resources.

6 0
3 years ago
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