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Anon25 [30]
3 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]3 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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During the phase of the history of U.S. government regulation called industry deregulation, government sought to a. protect comp
Over [174]

Answer:

Option d (increase.....................transportation) seems to be the right option.

Explanation:

  • This same fourth phase throughout the past decades of U.S. regulatory requirements started throughout the late 1970s as well as focuses primarily on industrial protectionism.
  • Throughout that stage of development, the current regime has focused on increasing competitive advantage throughout sectors such as construction, utility services, transshipment as well as wealth management by deactivating an amount of regulation but rather allowing companies to diversify their business processes to developing companies.

The interpretation of that same question has been characterized throughout the explanation paragraph below.

4 0
3 years ago
What distinguishes the money market from the capital market?.
AleksAgata [21]

Answer:

Money markets are used for short-term lending or borrowing usually the assets are held for one year or less whereas, Capital Markets are used for long-term securities they have a direct or indirect impact on the capital. Capital markets include the equity market and the debt market.

Explanation:

5 0
2 years ago
Prices of products are often higher in a foreign country than the home country due to transportation charges, taxes, tariffs, an
Genrish500 [490]

Answer:

Option E Price Escalation

Explanation:

Price Escalation is when the government imposes additional taxes on the product which is exported to their country, this makes the product expensive and the customer as a result don't buys that product. Such type of increases in prices are known as price escalation.

7 0
3 years ago
Which of the following business opportunities allows a business to purchase and sell a company's products, but not the right to
Degger [83]

Answer:

Dealers/distributors allows a business to purchase and sell a company's products, but not the right to use that company's trade name as its own

<u>Explanation:</u>

Although only one out of every odd state with a dealers have opportunity which  similarly characterizes the term, the more significant part of them use the accompanying general criteria: A business opportunity includes the deal or rent of any item, administration, gear, etc. that will empower the buyer licensee to start a business.  

Moreover, business openings offer less help than opportunities; this could be a bit of leeway for you if you blossom with opportunity.

 

4 0
3 years ago
Companies with global structures
Ne4ueva [31]

Answer: Option B

Explanation: In simple words, global structure refers to the structure in which the operations of an entity are managed on the basis of geographic areas rather on the basis of product.

The companies having global structures operate their business on many different countries and the scale of their operations are usually huge. Therefore, they profit from the economies of scale and enjoy lower production cost than others.

Hence the correct option is B.

6 0
3 years ago
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