Answer: framing
Explanation:
From the question, we are informed that people often make decisions on the basis of a mental accounting and that one facet of this accounting is making a decision based on the way a problem was posed.
The above situation is referred to as framing. The way a problem is actually leads to the way the problem will be solved.
Making small talk at a meeting is a bad idea because it wastes a tremendous amount of time. Correct answer: B It is critical to ensure that meetings are well-organized, planned, and beneficial to the participants. The less time spent in meetings, the more productive and revenue-generating employees can be. Making small talk will only decrease the effcient time for the meeting.
Price elasticity of demand describes how the quantity demanded changes with a change in price. It describes how responsive demand is to price.
The formula for elasticity is:
e = %change in Quantity ÷ % change in price
Keep in mind that this number will almost certainly be negative, since an increase in price should decrease demand.
The problem tells us that price has doubled. This represents a 100% increase in price: Michelle still spent $30 dollars, although this $30 bought her half as much caviar since the price is twice what it was. This means her quantity demanded, or purchased, fell by 50%.
e= -50% ÷ 100%
e = -0.5
This tells us, more generally, that a x% increase in the price reduces demand by x/2%.
Answer:
The correct answer is Barb will earn more interest the second year then Andy.
Explanation:
Bank interest is the money that is obtained or paid for the temporary transfer of capital. Its classification is by remunerative interest, or by default interest. And as for its operation, it is important to mention that the economic amount of interest, to be paid or collected, is given by market rules, since there is no legal limitation on them.
The interest rate will be conditioned by the market itself. For example, the interest we pay to our bank for any loan or credit operation is determined by the market interest rates taken as a reference, for example the Euribor and by the guarantees provided in our loan. A fully secured loan (mortgage for example) is much cheaper than another that has few guarantees.
conglomerates and verticals combine different products while horizontal specializes in just one.
They do not usually lessen competition in the market place.
