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taurus [48]
3 years ago
7

When Jill was asked, she chose cars over stomach cancer as the cause of more U.S. deaths per year. When asked why she chose the

wrong answer, she said, "I hear about fatal car accidents every day. I never hear about stomach cancer." Jill's type of judgment error was:A. confirmation.
B. anchoring and adjustment.
C. availability.
D. overconfidence.
E. representativeness.
Business
1 answer:
SOVA2 [1]3 years ago
6 0

Answer:

C. availability.

Explanation:

The availability bias and misinterpretation is the result of increased frequency and omnipresence of information that does not reflect its importance or correctness.

Here, Jill is clouded by how much car deaths are propagated in the media, so she fails to realize the correct answer, despite the fact that stomach cancer could seem rational in her mind.

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An inverstor invest $2,500 into a mutaul fund and earns 5.75% on the principle for each of three years. How much interest has ac
ad-work [718]

Answer:

The correct answer is c) $431.25

Explanation:

  • Amount: An investor invests $2,500 into a mutual fund

  • Rate: earns 5.75% that is the same of 0.0575

               

  • Period: on the principle for each of three years.

$2,500 x 0.0575 x 3 = $431.25

At the end of the period, the investor has accrued $431.25 of interest

6 0
4 years ago
If a country's economic data shows private savings of $500 million, government
jolli1 [7]

Answer

Investment equals B) $500

Explanation:

We first lay out the national income identity in this form:

Y-C-G = I + NX

Where:

Y-C-G = National Saving

I = Investment

NX = Net exports (when NX is posivite, the economy is running a trade surplus).

National Saving = Private Saving + Public Saving  (Tax revenue minus Government spending ($400 - $300))

National Saving = $500 million + $ 100 million

National Saving = $600 million

Now we plug the amounts into the identity =

$ 600 million = I + $ 100 million

We rearrange terms

$600 million - $100 million = I

$500 million = I

So, Investment is $500 million

8 0
3 years ago
Nikki and Jim own a corporation together. Nikki owns forty-eight shares of stock and Jim owns fifty-two. They consider themselve
gavmur [86]

Answer:

Cumulative voting

Explanation:

Cumulative voting is a kind of voting system that fortifies the capacity of minority investors to choose a leader or a director. This strategy enables investors to cast the entirety of their decisions in favour of a solitary candidate for the directorate when the organisation has different openings on its board.

8 0
4 years ago
The average price of a gallon of gas in 2015 dropped $0.94 (28 percent) from $3.34 in 2014 (to $2.40 in 2015). Let’s see whether
Airida [17]

Answer:

Note: <em>See missing wordings in attached picture below</em>

<em />

a. <u>2015</u>

Gross profit percentage = [Total revenue - Cost of crude oil and products] / Total revenue

Gross profit percentage = [$225 - $119] / $225

Gross profit percentage = $106 / $225

Gross profit percentage = 0.47111111

Gross profit percentage = 47.11%

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Gross profit percentage = [Total revenue - Cost of crude oil and products] / Total revenue

Gross profit percentage = [$242 - $127] / $242

Gross profit percentage = $115 / $242

Gross profit percentage = 0.475206612

Gross profit percentage = 47.52%

Conclusion: Insignia Corporation are likely to earn less gross profit from each dollar of sales in 2016 because Gross profit percentage decreased from 2014 to 2015.

b. <u>2015</u>

Net profit margin = Net income / Total revenue

Net profit margin = $26/$225

Net profit margin = 0.1155555

Net profit margin = 11.56%

<u />

<u>2014</u>

Net profit margin = Net income / Total revenue

Net profit margin = $37/$242

Net profit margin = 0.152893

Net profit margin = 15.29%

6 0
3 years ago
Which competitive strategy best utilizes Country Comfort's core competencies (which include a large and efficient network of obt
pantera1 [17]

Answer:

I don't know the answer to this

8 0
3 years ago
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