Neoclassical economics focuses on providing more options while Behavioral economics focuses on helping people make better decisions with the options available.
A psychological approach to business, behavioral economics looks at how well people's expectations of utility and profit maximization match their actions and if they actually maximize predicted utility.
Contrarily, neoclassical economics views manufacturing costs as a key determinant of pricing a product. Thus, neoclassical economists contend that customers' primary determinant of choice is price.
Hence, the two have different beliefs about giving people options. While behavioral economics focuses on assisting people in making better decisions with the options at hand, neoclassical economics places greater emphasis on offering more options.
Want to know how would keynesian and neoclassical economics propose dealing with cyclical unemployment? Read here: brainly.com/question/28213854
#SPJ4
Answer: hierarchy of effects
Explanation:
The Hierarchy of Effects model which was created by Robert J Lavidge and Gary A Steiner in 1961 posits that advertisers should design adverts in such a way that the intended individuals go through 6 stages being;
a) Awareness - customer should be aware of the brand
b) Knowledge - ensure that positive knowledge about the brand is widespread
c) Liking - Prop up the emotional benefits of the brand to make people like it
d) Preference - Ensure that the points that make your brand different from other similar brands are well communicated so that the individual builds a preference
e) Conviction - the doubt in the individuals' mind must be removed here.
f) Purchase - most crucial stage. Here the product needs to be sold in a hassle free way to the consumer.
Answer: 1. Systematic Sampling
2. b. keeping promises
Explanation:
1. Systematic Sampling is a method of sampling that works by creating a sample from a population by using a set interval to pick. For example, every 15th person is picked. This number 15 is usually arrived at by dividing the population by the sample size needed for the research. For example if 5 people are needed from 75, you divide 75/5 to get 15. Every 15th person is then picked. This is not unlike the scenario described in the question.
2. Keeping promises
When a company markets to their employees first, they try to sell it to them on its benefits and advantages and how it generally works. The effect of this is that the employees go out to try to sell a product that they believe works. This is important because Employees are the ones that customers expect to keep the promise and will come back to it things don't work out.
Answer:
greatly increased.
Explanation:
IPO refers to Initial Public Offering which is what new companies begin to do by offering initial shares of the company in order to raise money. This being said we can say that at this stage of its life cycle, its ability to attract venture capital is greatly increased. This is because Venture Capital are private equity from a large number of firms looking to invest in new companies with very high growth potential for the future.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Explanation:
Adjusted face value = 10000*(1+2.5%)^(3*2)
= 11596.93
Final payment = Coupon + adjusted principal
= 11596.93*4.25%/2 +11596.93
= $ 11843.36