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rodikova [14]
3 years ago
15

"Smokers are more likely to be murdered than nonsmokers." This statement is an example of: Select one: a. the fallacy of uninten

ded consequences:. b. a positive economic statement. c. a normative economic statement. d. a value judgment.
Business
1 answer:
Bad White [126]3 years ago
4 0

Answer:

positive economic statement

Explanation:

positive economic statement are statements based on facts. they are objective, descriptive and measurable.

The information that smokers are liable to die young is based on extensive research on the effects of smoking on smokers

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The shape of your utility function implies that you are arisk-averse individual, and, therefore, youwould accept the wager becau
Furkat [3]

<u>Solution and Explanation:</u>

As the utility function is concave in shape, so person is risk averse.  Thus, he will not accept the gamvle.

The difference between utility at point A&C = 70 minus 65 = $5, is less than a the difference between A&B = 65 minus 55 = $10

<u>MCQ: </u>

Answer is option a&d  - risk averse people fear a lot for losing money, thus they overestimate the probability of loss

Since, shape of utility function is concave, hence the double derivative of utility with respect to wealth is negative, so utility falls at an decreasing rate , as wealth increases

8 0
3 years ago
You are a loan officer for National Bank. You have a loan application submitted by a company for $50,000. This company just got
Natali5045456 [20]

Answer:

cash 5000

Explanation:

I think thats right

7 0
2 years ago
Write down the procedures of how to operate any three peripheral devices that you have identified.
Cloud [144]

There are many devices that are three peripherals, however I have listed down three of them.

Computer

Gaming Console

Scanner

<h3 /><h3>What is a Device?  </h3>

A device is a method to ease the work that is done manually, mostly this word i.e device is used for the electronic machines invented by great scientists.

In three peripheral devices there are three stages of processing as 1. Input 2. Storage 3. Output.

In all the three devices identified, there are three stages.

A computer can be used to input data, it also stores it and not only this but computer also displays the output on the screen.

A Gaming Console also can be used to Input data such as the character can be developed, games installed which will be stored and then output is provided by playing the game with the character.

Scanner also stores the data that is already inputted also it gives the output projected to the computer screen.

Learn more about Devices at brainly.com/question/27008420

#SPJ1

4 0
1 year ago
Jeters Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 120 $5
HACTEHA [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

June 1:

Inventory: 120 units for $5= $600

June 12:

Purchase: 370units for $6= $2,220

June 23:

Purchase: 200 units for $7= $1,400

June 30:

Ending Inventory 230 units

Units sold= 460

<u>Under FIFO method, the first units-in are the first to go out. Therefore, the ending inventory has the value of the last units purchased.</u>

<u />

Inventory= 200*7 + 30*6= $1,580

COGS= 120*5 + 340*6= $2,640

<u>Under LIFO method, the lasts units-in are the first out. </u>

Inventory= 120*5 + 110*6= $1,260

COGS= 260*6 + 200*7= $2,960

<u>Under the average cost method, we calculate an average buying price and then calculate the ending inventory and cost of goods sold:</u>

<u />

Average price= (5 +6 +7)/3= 6

Inventory= 230*6= $1,380

COGS= 460*6= $2,760

The highest ending inventory is from FIFO method.

8 0
3 years ago
The minute you walk into your mother-in-law's house to visit, you are struck by the strong smell of her perfume. however, after
horrorfan [7]

This is probably the result of sensory adaptation.

6 0
3 years ago
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