Answer:
decreasing its variable costs by at least 15%
Explanation:
<u>Big Bus Lines case study:-</u>
The firm has reduced the price of the ticket by 15%. There are a number of ways through which the firm, Big Bus lines can still profitable. The correct option is:-
<u>decreasing its variable costs by at least 15%</u>
<u>Variable costs:-</u>
They the costs which change as quantity of services or goods which are produced by the business changes. Variable costs are sum of the marginal costs over all the business' units produced.
<u>Thus, reducing the costs by same percentage can help the firm to remain profitable.</u>
Animals:-)n_n hola
como estas
Answer:
- Our perception of one characteristic contaminates our perception of others.
Explanation:
'Halo effect' is demonstrated as the cognitive bias that takes place when an initial positive impression about a person or thing dominates an individual's entire perception about that person or thing.
As per the question, this 'halo effect' occurs when 'our perception of one characteristic contaminates our perception of others' as it <u>leads to dominating an individual's perception or opinion and thus, they tend to show a biased behavior towards that person and treats other as inferior or less impactful due to that 'stereotype fixed in the mind through the initial impression.'</u>
