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Anon25 [30]
2 years ago
12

Neoclassical economics and behavioral economics are similar in the assumption that people are capable of making accurate, someti

mes complex, calculations with respect to their utility-maximizing decisions.
True or False?
Business
1 answer:
laiz [17]2 years ago
5 0

Answer:

The statement is: False.

Explanation:

Behavioral economics is a psychological approach of business that examines whether individuals' assumptions on utility and profit maximization reflect their behavior and of they maximize their expected utility.

Neoclassical economics, on the other hand, refers to cost production as the most important factor in the product's price. Neoclassicals believe the price is the consumers' main driver in their decision-making.

Thus, <em>neoclassicals and behavioral economists have different focuses in business.</em>

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There were initially two satellite radio providers in the U.S. market, Sirius and XM Radio. The firms merged to form one firm, a
Delicious77 [7]

Answer: a. The merged firm will operate at higher capacity and may be able to reduce costs through economies of scale and perhaps learning-by-doing, which will benefit U.S. consumers.

Explanation:

A merger occurs when two companies comes together and becomes one. This is done in order to expand the recah of a company, gain a market share, and also expand into new segments.

The plausible reasons for the limited impact of the merger will be because the merger will lead to the operation at a higher capacity which will ensure that there's cost reduction through economies of scale which will be beneficial to the consumers.

7 0
2 years ago
Dabney Electronics currently has no debt. Its operating income is $20 million and its tax rate is 40%. It pays out all of its ne
ValentinkaMS [17]

Answer:

$29 per stock

Explanation:

WACC=PBIT*(1-tax)/Market value of firm

10%=$20,000,000*(1-40%)/Market Value of the firm

Market Value of the firm=$20,000,000*60%/10%=$120,000,000

Stock price for all shares=$120,000,000*60%=$72,000,000

Stock price per share=$72,000,000/2,500,000=$29 per share

6 0
3 years ago
When managers work on creating conditions and systems to ensure that everything and everyone works together to achieve the organ
SVETLANKA909090 [29]

Answer: Organising

Explanation: Organising in management involves the role a manager plays to ensure that things are working effectively in an organization and that every department in the organization are working at their maximum best. In organising the manager puts everything in place for the smooth running of the organization.

7 0
3 years ago
According to a 2000 public opinion poll, 69 percent of americans who responded were most proud of the nation’s
aalyn [17]

According to a 2000 public-opinion poll, 69 percent of Americans who responded were most proud of the nation's equal opportunity laws.


<span>An </span>equal opportunities policy<span> should: make clear your organization’s commitment to </span>equal opportunities, non-discriminatory procedures and practices. list all the forms of discrimination covered by the policy, ie age, gender, race, religion or belief, sexual orientation, disability or pay rate.

8 0
3 years ago
In the absence of environmental or safety laws in the locality where it operates, what responsibility does a U.S. corporation ha
Elden [556K]

Answer:

1. Moral and ethical responsibility

2. No

3. Lawsuit may be involved

Explanation:

1. Every US company apart from environmental or safety laws in the locality where it operates, have a moral and ethical responsibility to do what is right in terms of safe work practices and product safety/quality.

2. Even though some countries may have less strict laws than the US, moral and ethical responsibility should always thrive. For example, China is known to have less strict manufacturing standards than the United States, however this does not justifies a company to practice unsafe manufacturing standards.

3. For corporations selling products overseas that are banned in the United States, such as DDT to countries that were known to still allow it sales such as India, and North Korea. A lawsuit against those corporations may be considered legal.

8 0
3 years ago
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