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inysia [295]
2 years ago
13

You are the manager of a retail store. You believe the economy is in a recession and that sales for the month will be unusually

slow. Since you have complete discretion over the pricing at your location, you decide to have a store-wide sale and offer ten percent off all merchandise for a three-day period. You don't expect your superiors to criticize this decision as you believe they, along with the majority of the other store managers, feel the same way about the economy as you do. Which one of the following applies to you?A) Law of small numbersB) Recency biasC) False consensusD) Gambler's fallacyE) Money illusion
Business
1 answer:
Schach [20]2 years ago
4 0

Answer:

C) False consensus

Explanation:

False consensus refers to the trust what one feel regarding other and think as similar for other person as he thinks. Also in this the opinions of the other persons would not be considered

Since in the question it is mentioned that the majority of the other store managers would feel the same way so here the false consensus would be applied

hence, the correct option is c.  

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Answer:

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7 0
3 years ago
Assume that Lucas's marginal tax rate is 32 percent and his tax rate on dividends is 16 percent. If a dividend-paying stock (wit
kipiarov [429]

Answer:

The correct answer to the problem is 7.728%

Explanation:

Lucas marginal tax rate = 32 percent

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3 0
2 years ago
A dealer bought some tires for 6500. the tires were sold for 9500. making 50 on each tire. how many tires were involved?
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3 years ago
As similar case studies, the cheyenne and the comanche are best depicted as examples of:
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The answer is <span>convergent adaptation
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