1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
krek1111 [17]
3 years ago
12

In 2011, none of Jarrod’s friends owned a North Face jacket and Jarrod did not have a strong preference for North Face jackets.

In 2012, many of Jarrod’s friends owned a North Face jacket, and Jarrod did have a strong preference for North Face jackets. The change in Jarrod’s preferences from 2011 to 2012 can be best explained by the __________ effect.winterbandwagonswitchingduopolistsocial
Business
1 answer:
kotykmax [81]3 years ago
7 0

Answer:

bandwagon

Explanation:

Bandwagon effect -

It is the psychological method by which people tries to copy or do the same work , just by looking other people doing the same , regardless of their own thinking , behaviours and beliefs , is known as bandwagon effect .

It is also known as herd mentality , which simply means , copying things of that other people are doing , this phenomena is observed during the bull markets .

Hence , from the given example in the question , the correct term is bandwagon effect .

You might be interested in
Sam invested $16,000 in two different stocks. The first stock showed a gain of 12% annual interest while the second stock suffer
Tamiku [17]

Answer:

Amount invested in 12% annual interest stock = $12,000

Amount invested in stock incurring 5% loss = $16,000 - $12,000

= $4,000

Explanation:

Data provided in the question:

Total amount invested = $16,000

Let the amount invested in 12% annual interest stock be 'x'

Thus,

The amount invested in 5% loss will be = $16,000 - x

Total annual income = $1,240

Now,

Total annual income = 12% of x + [ -5% of ($16,000 - x)]        

[negative sign depicts the loss]

thus,

$1,240 = 0.12x - 0.05($16,000 - x)

or

$1,240 = 0.12x - 800 + 0.05x

or

1240 + 800 = 0.17x

or

2040 = 0.17x

or

x = $12,000

Therefore,

Amount invested in 12% annual interest stock = $12,000

Amount invested in stock incurring 5% loss = $16,000 - $12,000

= $4,000

8 0
3 years ago
The Sarbanes-Oxley Act of 2002 was primarily aimed at which functional unit of a corporation? Marketing Production Sales IT Fina
Alla [95]

Answer:

The Sox Act was  a federal law that established sweeping auditing and financial regulations for public companies. Lawmakers created the legislation to help protect shareholders, employees and the public from accounting errors and fraudulent financial practices.

Explanation:

6 0
3 years ago
When supply is higher than demand, prices will?
Lelechka [254]

Answer: Prices will decrease

Explanation: Because of high supply, prices will decrease.

3 0
4 years ago
Read 2 more answers
Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The payoff matrix that follows shows the profit (
Vladimir [108]

Answer:

Flashfone and Pictech

The Nash equilibrium is achieved when Pictech and Flashfone price their smartphones high without the other party changing their strategy.  

Explanation:

a) Data and Calculations:

                                Pictech  

                          High         Low

             High     8   8        3  10

Flashfone

             Low    10   3        5   5

b) By acting at the Nash equilibrium and pricing their smartphones high, Pictech and Flashfone achieve a payoff of $8 million respectively.  This payoff level does not put any of the two firms at a disadvantage.

7 0
3 years ago
When two or more persons work together to circumvent internal control procedures and commit a fraud, this is called.
zalisa [80]
The correct answer is is collusion.
5 0
2 years ago
Other questions:
  • Chester has negotiated a new labor contract for the next round that will affect the cost for their product Camp. Labor costs wil
    11·1 answer
  • What is the MOST likely result for a company whose business practices have enabled it to innovate and execute more effectively a
    7·1 answer
  • Business products that are purchased routinely, do not become part of finished goods, and are expense items rather than capital
    13·1 answer
  • If there are many firms participating in a market, the market is either a. an oligopoly or monopolistically competitive. b. perf
    11·1 answer
  • In July, a customer invested $10,000 in the ABC Mutual Fund. In December of the same year, ABC announced a long-term capital gai
    14·1 answer
  • Maurice and Stanley have been operating a train store together for two years. After a patron slipped on some water on the floor
    13·1 answer
  • Castleton Corporation manufactured 41,000 units during March. The following fixed overhead data relates to March: Production Mac
    5·1 answer
  • Should all companies use blind recruiting in place of traditional recruiting, or are there exceptions that must be considered? ​
    15·1 answer
  • What will be the expected return if the individual reduces the holdings of the AT&T stock to 15 percent and puts the funds i
    7·1 answer
  • 6. Which of the following is NOT true about raising capital?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!