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Rasek [7]
3 years ago
15

You paid $100 for a ticket to the Broadway show Hamilton, for which your value of

Business
1 answer:
Orlov [11]3 years ago
8 0

Answer:

avoiding the hidden or sunk cost fallacy.

Explanation:

The hidden or sunk cost fallacy refers to not realizing that a sunk cost has occurred and no matter what you do, you will not recover it or in this case, enjoy it. A classic example are all you can eat buffets and people simply eating too much because they paid for it.

In this case, if you had not sold the ticket and not earned the profit, you would  have incurred in the sunk cost fallacy by not recognizing that you could benefit more from selling the ticket instead of just insisting on going to see the play.

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Which of the following statements is correct? a. If the monopolist's marginal revenue is greater than its marginal cost, the mon
Artist 52 [7]

Answer:<u><em>If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. </em></u>

Explanation:

If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. In the case of higher MR , the maximum profit will come about at the level of where MR is equal to the MC. So in this case to increase the profit, MR i,e, also the price can be lower to the level of MC to sell more commodity and earn higher profits.

7 0
3 years ago
Buying computers refers to _____.
lianna [129]
<h2>Buying computers refers to "listing what will be spent on items needed to start the business".</h2>

Explanation:

The given definition or terms are associated with the concept of "start up cost".

Listing what will be spent on item needed to start the business: This option also refers to a term called "asset". So buying computers is an asset to the business. No business runs without a computer and it is one of the source that brings business, make business popular, etc.

listing what will be spent on expense to start the business: This statement refers to the term called "cost"

7 0
3 years ago
Suppose the real risk-free rate is 3.50%, the average future inflation rate is 2.25%, and a maturity premium of 0.10% per year t
podryga [215]

Answer:

5.85%

Explanation:

Suppose the real risk-free rate is 3.50%,  the average future inflation rate is 2.25%, and a maturity premium of 0.10% per year to maturity applies, i.e., MRP = 0.10%(t), where t is the years to maturity.  What rate of return would you expect on a 1-year Treasury security, assuming the pure expectations theory is NOT valid?   Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.

a. 5.75%

B. 5.85%

c. 5.95%

d. 6.05%

e. 6.15%

r = r* + IP + DRP + LP + MRP

r = 3.50% + 2.25% + 0 + 0 + .10% = 5.85%

6 0
3 years ago
A loan requires that the 8% interest be compounded quarterly for 4 years. Find the number of compounding periods
EastWind [94]

Answer:

16

Explanation:

Compounding periods are the number of times interest is paid to an investment per year. For example, annual compounding means that interest will be paid once a year hence compounding period would be 1.

If semiannualIy, interest would be paid twice a year hence 2 compounding periods per year. In this case, quarterly compounding means that interest payment occur every 3 months hence 4 quarters a year.

In 4 years, total compounding periods would be; 4 *4 = 16 periods.

7 0
4 years ago
You are torn between two saving accounts where to put your $1,500 in scholarship money for a year until you need it for next yea
mrs_skeptik [129]

Answer:

I would choose to invest in C-T bank since it offers $7.3675 more compared to Bank Wan

Explanation:

The two options can be expressed as shown;

Option 1: Bank Wan

A=P(1+r/n)^nt

where;

A=Total amount after a given time

P=Initial deposit

r-Annual interest rate

n=number of times the interest is compounded annually

t=number of years of the investment

In our case;

P=$1,500

r=2.5%=2.5/100=0.025

n=365 days

t=1 year

Replacing;

A=1,500(1+0.025/365)^(365×1)

A=1,500(1.02530

A=1,537.97

Total amount after a year=$1,537.97 for Bank Wan

Option 2: C-T Bank

P=$1,500

r=3%=3/100=0.03

n=2

t=1

Replacing;

A=1,500(1+0.03/2)^(2×1)

A=1,500(1.015)^2

A=1,545.3375

Total amount after a year=$1,545.3375 for C-T Bank

Total amount received to be received from C-T Bank-Total amount to be received from Bank Wan

=(1,545.3375-1,537.97)=$7.3675

I would choose to invest in C-T bank since it offers $7.3675 more compared to Bank Wan

7 0
3 years ago
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