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Mademuasel [1]
3 years ago
7

Aletha has been having difficulty in her first-period history class. one day aletha misses the school bus. she has to walk to sc

hool and doesn't arrive until after her history class is over. aletha begins missing the bus (and therefore arriving at school late) more and more frequently. aletha's missing the bus is an example of
Business
1 answer:
Anuta_ua [19.1K]3 years ago
3 0
She is not being proactive and waking up early enough to get on the bus
You might be interested in
An audience is first asked to write the last 2 digits of their social security number, and, second, to submit mock bids on items
Alchen [17]

Answer: Anchoring bias

Explanation: Anchoring bias is described as the tendency to focus on one value or idea known as the “anchor” and not adjust away from it sufficiently (the simple act of thinking of the first number strongly influences the second, even though there is no logical connection between them); It is also defined as the tendency of people to place subsequently refined answers to a given question close to the initially estimated answer, giving unduly weight to the initial answer, such as adjusting the initial estimate of 10% to 20% when 90% would have been more appropriate.

Some examples of anchors might include: real estate listing prices, initial cost estimates for development projects, salary of your last job etc.  

8 0
3 years ago
Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $290,400 and the
timurjin [86]

Answer:

$53,240

Explanation:

We know that,

Break even point = Fixed cost ÷ contribution margin ratio

$290,400 = Fixed cost ÷ 55%

So, the fixed cost = $290,400 × 55% = $159,720

As the variable expense is 45% and we assume the sales is 100%, so the contribution ratio would be 100% - 45% = 55%

Now the margin of safety equal to

= (Expected sales - break even sales) ÷ (expected sales) × 100

25% = (Expected sales - $290,400) ÷ (expected sales) × 100

25% Sales = (Expected sales - $290,400)

So, the expected sales would be

= $290,400 ÷ 75%

= $387,200

Now the actual profit equals to

= Sales - variable expenses - fixed cost

= $387,200 - $174,240 - $159,720

= $53,240

The variable expense is computed below:

= $387,200 × 45%

= $174,240

4 0
3 years ago
Suppose the demand curve is: P = 300 - 2QD and the supply curve is: P = 100 + 3QS. What is the sum of the consumer and producer
Alex777 [14]

Answer:

Total surplus =  4000

so correct option is D. $4000

Explanation:

given data

P = 300 - 2QD  

P = 100 + 3QS  

to find out

sum of the consumer and producer surplus

solution

we first equating both  as equilibrium at QD = QS

so

300 - 2Q = 100 + 3Q

solve we get

Q = 40

so P will be

P = 3 00 - 2 × 40

P = 220

Consumer surplus  area above price and below demand  so

Consumer surplus   = 0.5 × (300 - 220) ×  40

Consumer surplus   = 1600

and

Producer surplus  area above supply curve and below price so

Producer surplus = 0.5 × (220 - 100) × 40

Producer surplus = 2400  

so Total surplus will be

Total surplus = Consumer surplus + Producer surplus  

Total surplus = 1600 + 2400

Total surplus =  4000

so correct option is D. $4000

7 0
3 years ago
You have won a game and can now choose between two options: option A: a gift of $10, guaranteed option B: a chance to keep playi
Delvig [45]

Answer:

$10

Explanation:

By choosing option B, you have a 0.001 chance of winning $8000, and a 0.999 chance of winning the $2 consolation prize. Therefore, the expected value of option B is given by:

E(B) = 0.001*\$8000+0.999*\$2\\E(B)=\$9.998

Rounding to the nearest cent, the expectation of option B is also $10.

5 0
4 years ago
Read 2 more answers
Rudolph overhears Macy's plans to go skydiving over spring break. Not really knowing Macy, but figuring it's worth a chance, Rud
borishaifa [10]

Answer:

False.

It wasn't stated if the life insurance covers risky hobbies/activities like skydiving

Explanation:

In this scenario Rudolph does not know Macy. Most likely they are not related for him to tender Macy's death certificate in fulfillment of the requirements for payment.

Delays to payouts may also arise if:

The insured party died during the course of illegal activity such as driving under the influence.

The insured party lied on the policy application.

The insured omitted health issues or risky hobbies/activities like skydiving.

5 0
3 years ago
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