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nata0808 [166]
4 years ago
10

When deciding on the catering budget for her upcoming wedding, Kris was told that typically around 10% of invited guests usually

decline. Kris is using a(n) _______ to simplify her decision making. dialectical inquiry cognitive bias heuristic confirmation bias illusion of control
Business
1 answer:
alex41 [277]4 years ago
8 0

Answer:

Heuristic

Explanation:

A heuristic is a mental shortcut that people generally use to help them solve problems and make judgments easily and effectively. People generally use this because:

1. It helps reduce mental effort that is required to solve a particular problem.

2. Reduces decision making time.

3. They help simplify complex decisions.

As in the question, a wedding requires plenty of decision making, such as the guest list, catering, floral decorations, wedding cake, budget, bridal details, invitation cards, venue, themes and so on like many other situations in the world.

In order to cope up with the massive collection of information that needs to be processed to make conclusive decisions, the brain uses this rule of thumb strategy called heuristics. Thus, we don’t have to spend endless time analyzing every little detail of our lives.

Heuristics are neither backed by past studies or findings, nor is it the most optional or rational decision. However, it is sufficient in arising to quick solutions to problems that otherwise might take a lengthy process to conclude.

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GarryVolchara [31]
Capital budgeting is a step by step process that businesses use to determine the merits of an investment project. The decision of whether to accept or deny an investment project as a part of a company´s growth initiatives, involves determining the investment rate of return that such a project will generate.
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Which of the following can be defined as saving, according to economics? a. Andrea finances her new car through an auto loan. b.
Anton [14]

Answer:

Option c. General Motors issues corporate bonds.

Explanation:

The corporate bonds are bonds that are used by companies as a way of raising capital. In essence, a corporate bond is a bond that is issued by a large corporation mainly for the purposes of financing of a project. In addition, the bonds are also a means of business expansion. Thus, general motors, in its action, is raising capital for later expansion.  

7 0
3 years ago
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The entity that promises to make the interest and maturity payments for a bond issue is called the:.
vichka [17]

The entity that pledges to make the interest and maturity payment for bond issues is called the <u>issuer.</u>

<u></u>

<h3>Who is a Bond issuer?</h3>

A bond is a completely fixed instrument that reflects an investor's debt to a borrower.

Bonds terms and conditions include the end date when the capital of the loan is scheduled to be paid to the bond owner with a fixed or variable interest payment.

Bond Issuers are businesses or entities that generate and take loans from people who buy bonds in exchange for periodic interest and repayment of the principal amount when the bonds mature.

Learn more about who is a Bond issuer here:

brainly.com/question/25525397

5 0
2 years ago
I need help finding square root of 40
Nataly [62]
Go to your calculator and tap root 40 it will give you answers but in decimal forms
4 0
4 years ago
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Suppose the Federal Reserve wants to reduce the money supply by $1 billion. Assume that the required reserves are 10 percent of
galben [10]

Answer:

In order to reduce the money supply by $1 billion, the FED needs to sell $100 million in securities.

Explanation:

The total effect on the money supply is given by: money withdrawn from the economy x money multiplier

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effect on the economy = -$100 million x 10 = -$1 billion

6 0
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