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Viefleur [7K]
3 years ago
8

How does irrational human behavior add complexity to the law of demand?

Business
1 answer:
irga5000 [103]3 years ago
6 0

Explanation:

The law will look at his or her behaviour

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Which type of custom report shows a static sortable table with rows of data?
VARVARA [1.3K]
<span>A FLAT TABLE is a static sortable table which displays its data in rows in a custom report.

A flat table is a kind of custom reporting tool, used in Google analytics which are built by using Dimensions and Metrics.

The only issue from using a Flat table is that the data can be viewed only in 2 dimensions.
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7 0
3 years ago
What is an allocation of scarce resources using some method other than price a. Rationing c. Spillover Costs b. Supply Shock d.
Lerok [7]
The answer for this question would be A) Rationing or the first option.

4 0
3 years ago
Read 2 more answers
Benchmarking: allows industry participants to develop industry-wide standards. synchronizes the business processes of customers,
BabaBlast [244]

Answer:

compares the efficiency and effectiveness of your business processes against strict standards.

Explanation:

Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.

7 0
3 years ago
If your firm buys $1,000 worth of supplies on credit with terms 3/15 n60 and pays the bill on the 60thday after the purchase:
Agata [3.3K]

Answer:

Nominal Cost of Trade Credit = 25.09%

Exact Cost of Trade Credit  = 28.03%

Explanation:

given data

buys worth =  $1,000

terms = 3/15 n60

pays the bill = 60th day

to find out

Nominal Cost of Trade Credit and Exact Cost of Trade Credit

solution

we know here Discount % and time 60 day and discount period that is

Discount % = 3%

time for Payment = 60 days

and Discount Period = 15 days

so Nominal Cost of Trade Credit will be as

Nominal Cost of Trade Credit = Discount % ÷ (100 - Discount % ) × [ 365 ÷ (time for Payment - Discount Period) ]    ..................1

put here value we get

Nominal Cost of Trade Credit = \frac{0.03}{1-0.03} × \frac{365}{60-15}

Nominal Cost of Trade Credit = 25.09%

and

Exact Cost of Trade Credit will be here as

Exact Cost of Trade Credit = (1+Discount % ÷ (100%-Discount %))^(365/(time for Payment - Discount Period) - 1    ..................2

put here value we get

Exact Cost of Trade Credit  = (\frac{1+0.03}{1-0.03})^{\frac{365}{60-15}} - 1

Exact Cost of Trade Credit  = 28.03%

5 0
3 years ago
According to McKinsey &amp; Co, the root cause of companies’ inability to align their IT and their business goals is the lack of
vichka [17]

Answer:

True

Explanation:

Many times management does not know a lot about information technology (IT) and that is not something necessarily bad because none can know all about everything. The problem is when someone doesn't know about something else but he/she is not willing to learn about that issue or is not willing to ask other people who know to teach them.

Many CEOs and board members are very successful and powerful people, and they do not like to admit the fact that they might need help to deal with some issues. IT is constantly changing and even if they knew about it 10 or 20 years ago, that knowledge is no good anymore.

The largest advances in IT have occurred in communications, our world is smaller every day. But communication by itself is only a tool, and a tool is only as good as the person that handles it. In order for a company to work properly, good communication must exist between all their units.

5 0
4 years ago
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