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Kamila [148]
3 years ago
5

John has very little knowledge of cheese and seldom buys it for personal use. However, when he is invited to dinner by a friend,

a self-confessed cheese lover, John feels obligated to buy cheese for him. When he returns home after dinner, John finds that the "Stilton cheese" he randomly chose and bought is displayed on the calendar in his kitchen. Which of the following is most likely to account for John’s choice of cheese?
a. Mere exposure effect
b. Just meaningful difference
c. Selective distortion
d. Selective exposure
Business
1 answer:
IRISSAK [1]3 years ago
8 0

Answer:

a. Mere exposure effect

Explanation:

Mere exposure effect

It is a psychological phenomenon due to which people tends to develop some preference for particular things , simply because they seems to be similar to themselves .

Hence , this effect is sometimes also called as the familiarity principle .

And according to recent study , more often someone sees the thing or even a person , the more pleasing the thing or the person becomes .

Hence , from the question information , John shows a Mere exposure effect .

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Last year Urbana Corp. had $197,500 of assets, $307,500 of sales, $19,575 of net income, and a debt-to-total-assets ratio of 37.
saveliy_v [14]

Answer:

Increase in Return on equity = 10.876%

Explanation:

Given:

Assets = $197,500  

Sales = $307,500

Old net income = $19,575  

New net income = $33,000  

Debt-to-total-assets ratio = 37.5% = 37.5 / 100 = 0.375

Computation of total debt:

Debt-to-total-assets ratio = Debt / Assets

0.375 = Debt / $197,500

Debt = 74,063 (approx)

Equity-to-total-assets ratio = 1 - Debt-to-total-assets ratio

Equity-to-total-assets ratio = 1 - 0.375

Equity-to-total-assets ratio = 0.625

Computation of total Equity:

Equity-to-total-assets ratio = Equity / Assets

0.625 = Equity / $197,500

Equity =  $123,438 (approx)

Return on equity = (Net income / Equity) × 100

Return on equity (Old net income) = ($19,575 / $123,438) × 100

Return on equity (Old net income) = 15.858%

Return on equity (New net income) = ($33,000 / $123,438) × 100

Return on equity (New net income) = 26.734%

Increase in Return on equity = 26.734% - 15.858%

Increase in Return on equity = 10.876%

8 0
4 years ago
Negacho, a food and beverage company, introduced a new flavor of potato chips called South Indian Chillis. It received a positiv
Genrish500 [490]

Answer:

Inflow of innovation

Explanation:

Negacho introduced its new flavoured chips and received positive response. This shows that the market is open to adopting new innovative products

This is what prompted Brex Mex to introduce their own flavored potato chips.

Basically the market is favorable to introduction of new ideas and products.

8 0
3 years ago
Which of the following is not a service offered by zoos?
Pepsi [2]

Answer:

can we see the choices so we can answer.

Explanation:

3 0
3 years ago
Which of the following best describes an entrepreneur?
aev [14]
An Individual who begins, manages, and bears the risks of a business
3 0
3 years ago
Goods are physical items produced in an economy, such as computers, phones, and lawn mowers,
blagie [28]

Answer:

Not 100% sure what the question is but this is a true statement :)

4 0
4 years ago
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