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iren2701 [21]
2 years ago
7

What is a defining characteristic of Homo economicus? A. He often gambles for large but unlikely rewards B. He will buy a good e

xpecting to sell it for higher price C. He changes his decisions base on context D. He desires to maximize gains and minimize losses
Business
1 answer:
sladkih [1.3K]2 years ago
3 0

Answer:

Letter D is correct. <u> He desires to maximize gains and minimize losses.</u>

Explanation:

Homo economicus has as its central characteristic the rationality with which it makes its decisions. Through rational choice theory he is able to analyze situations where he can maximize perceived benefits and mitigate risks, through a systemic and fully rational process he is able to analyze available information that will determine possible short and long term gains and risks. term, and make your decision based on the possibility that will most attract rewards.

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2 years ago
A company reported total equity of $157,000 at the beginning of the year. The company reported $222,000 in revenues and $171000
Pani-rosa [81]
Wasssssupppp the answer will be B
4 0
3 years ago
What is the difference between an "increase in demand" and an "increase in quantity demanded"?
alekssr [168]

A shift to the right of the demand curve signifies a "increase in demand," whereas movement along a particular demand curve signifies a "increase in quantity demanded." The correct response is option (B).

<h3>What is increase in demand?</h3>

A rise in demand will cause a rise in the equilibrium price and an increase in supply, all other things being equal. Reduced demand will result in a decrease in the equilibrium price and an increase in supply.

An rise in the quantity needed results from a decrease in the cost of the good (and vice versa). A demand curve depicts the amount desired and any market price. A change in quantity demanded is represented as a shift along a demand curve.

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6 0
1 year ago
Lindon Company is the exclusive distributor for an automotive product that sells for $40 per unit and has a CM ratio of 30%. The
allochka39001 [22]

Answer:

Variable Cost  -$448,000  

Explanation:

The contribution margin formula it's : Net Sales - Variable Costs: Contribution Margin

The contribution margin indicates how much money the company has to cover its expenses not included in the cost of the goods or the variable costs, it is the remaining amount that is used to pay the administrative and sales expenses.

In this case:

Sales : 16.000 x $40 (price) = $640,000

Contribution Margin 30% which means 30%*$640,000 = $192,000

The difference it's the Variable Costs = -$448.000  

6 0
2 years ago
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