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Oduvanchick [21]
2 years ago
9

Research in neuroeconomics has found that the function of the _________________ may be to deal with the cognitive demands of a g

iven task, while the _________________ is responsible for handling emotional goals such as resenting an unfair outcome. a. prefrontal cortex; insula b. striate nucleus; locus coeruleus c. basal ganglia; corpus callosum d. diencephalon; putamen
Business
1 answer:
Ymorist [56]2 years ago
4 0

Answer:

a. prefrontal cortex; insula

Explanation:

Neuroeconomics applies neuroscience methodology to economic theory. It combines economics, neuroscience and psychology together.

Neuroeconomics analyses the brain before, during and after making economic decisions. It aims to find out what happens in the brain when an economic decision is being made.

The three branches of neuroeconomics are :

  1. intertemporal choice
  2. social decision-making
  3. decision-making under risk and uncertainty.
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John is going to buy a car. He wants a used Honda. The salesmen shows him one from 2012. John's not really positive how much the
m_a_m_a [10]

Answer:

anchoring bias

Explanation:

In business, anchoring bias happens when a consumer relies on pre-existing information (in this case sales price) to make their purchasing decisions. E.g. a sales promotion where a before price is set as the anchor to show that the after price (with the discount) is a really good deal.

In this case, John started to negotiate a sales price using the sticker price as an anchor, and ended up making a good deal because he got a $2,000 discount.

4 0
3 years ago
1. Eric is a draftsman who designs house plans for a large construction company. The pathway in the architecture and constructio
Otrada [13]

Answer: A. Design/ pre construction.

Explanation:

Architecture is the profession in charge of the design, projection, and construction of structures, such as houses or buildings, focusing on aesthetics and harmony of constructions. This career is very similar to civil engineering but differs in the fact that architecture focuses on design and engineering on construction.

In this case, Erick works on design or preconstruction, that is, drawing the plans of the houses that the structure for which he works is going to build. This is the first step in the construction process.

<em>I hope this information can help you.</em>

8 0
3 years ago
Cameron Industries is purchasing a new chemical vapor depositor in order to make silicon chips. It will cost $7,000,000 to buy t
AVprozaik [17]

Answer:

A) -$10,020,000

Explanation:

Year 0 cash flow = -(Cost of Machine + Installation Cost + Clean Room Cost)

Year 0 cash flow = -($7,000,000 + $20,000 + $3,000,000)

Year 0 cash flow = -$10,200,000

So, the incremental free cash flows associated with the new machine in year 0 is ($10,200,000).

4 0
3 years ago
As part of its commitment to quality, the J. J. Borden manufacturing company is proposing to introduce just-in-time (JIT) produc
Kobotan [32]

Answer:

A. $74,100 $954,700

B. $880,600

Explanation:

A. Preparation to estimate the financial benefits associated with the adoption of JIT

Current situation After JIT

Sales 1,430,000 1,810,000

Less costs

Production level support 214,500 72,400

(15%*1,430,000=214,500)

(4%*1,810,000=72,400)

Variable manufacturing overhead 400,400 181,000

(28%*1,430,000=400,400)

(10%*1,810,000=181,000)

Direct material 429,000 362,000

(30%*1,430,000=429,000)

(20%*1,810,000=362,000)

Direct manufacturing labor 286,000 235,300

(20%*1,430,000=286,000)

(13%*1,810,000=235,300)

Inventory financing costs 26,000 4,600

(10%*260,000=26,000)

(10%*46,000=4,600)

Total costs 1,355,900 855,300

Operating profits $74,100 $954,700

(1,430,000-1,355,900)

(1,810,000-855,300)

Therefore the the financial benefits associated with the adoption of JIT will be $74,100 $954,700

B. Preparation for the estimated change in annual operating income attributable to the JIT implementation

Current situation After JIT Change

Sales 1,430,000-1,810,000=-380,000

Less costs

Production level support 214,500-72,400 =142,100

Variable manufacturing overhead 400,400 -181,000=219,400

Direct material 429,000-362,000=67,000

Direct manufacturing labor 286,000- 235,300= 50,700

Inventory financing costs 26,000-4,600 =21,400

Total costs 1,355,900-855,300=500,600

Operating profits 74,100-954,700=880,600

Therefore the estimated change in annual operating income attributable to the JIT implementation will be 880,600

8 0
3 years ago
At the minimum wage (set above the equilibrium wage),
dimulka [17.4K]
C. None of the individuals who end up working are paid more than if the were paid the equilibrium wage.
3 0
3 years ago
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