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Arada [10]
3 years ago
6

Roger's Meat Market is a chain of retail stores that limits its sales to fresh-cut meats. The stores have been very profitable i

n northern cities. However, when two stores were opened in the south, both lost money and had to be closed. Roger, the owner, has now concluded that no southern-based store should be opened as it would not be profitable. Which one of the following applies to RogerA)Confirmation bias
B) Endowment effect
C) Money illusion
D) Affect heuristic
E) Representativeness heuristic
Business
1 answer:
Anna35 [415]3 years ago
3 0

Answer:

E) Representativeness heuristic

Explanation:

  • According to Roger's idea, we can say that this method applies to representative heresies.
  • This assumption means that the tendency to judge the frequency and the uncertainty is used when making decisions about the likelihood of an event under uncertainty.

so correct option is E) Representativeness heuristic

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A company purchased $6,500 of merchandise on May 1 with terms of 2/10, net 30. On May 6, it returned $500 of that merchandise. O
viktelen [127]

Answer:

The cash paid on May 8 is: $5,880

Explanation:

Credit terms of 2/10, net 30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

The company purchased $6,500 of merchandise on May 1. On May 6, it returned $500 of that merchandise.

The balance owed for merchandise = $6,500 - $500 = $6,000

On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to.

The company took the appropriate discount:

2% x $6,000 = $120

The cash paid = $6,000 - $120 = $5,880

5 0
3 years ago
Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
VARVARA [1.3K]

Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?

answer:

THE SEC

8 0
2 years ago
"The nature and purpose of the public sector result in a unique organizational characteristics". Discuss
alex41 [277]

The correct answer to this open question is the following.

Although the question is incomplete because it does not provide the location, country, or any other further reference, we can say the following.

The nature and purpose of the public sector result in unique organizational characteristics, basically in the formation of bureaucracies that are a form of governmental and administrative organizations with many employees and hierarchies that more that improve management and operations, complicate it and make it slow due to the fact that the number of people working is numerous.

Experts say that this is not the more efficient and effective form of managing governmental offices. On the contrary, it is slow and inefficient.

3 0
3 years ago
Disability income plans which require that the insurer can never change or alter premium rates are usually considered
malfutka [58]
<span>Disability income plans which require that the insurer can never change or alter premium rates are usually considered </span>noncancellable. 
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8 0
3 years ago
Telephone companies and electric utilities were among the last businesses to start actively using public relations.
melomori [17]

Answer:

your answer would be false

hope this helps

:)

6 0
3 years ago
Read 2 more answers
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