the fact that consumers have limited capacity for processing information is referred to as multiple choice bounded rationality. instrumental capacity. cognitive capacity. cognitive dissonance. none of these choices are correct.
Answers
The consumers have "limited-capacity" for processing the information is called as : (a) bounded-rationality.
The "Bounded-Rationality" is a concept that recognizes the limitations of human decision-making due to the constraints on information-processing. It suggests that individuals have limited cognitive abilities, time, and resources to gather and process all available information when making decisions.
The Option (b) instrumental capacity, (c) cognitive capacity, and (d) cognitive dissonance do not specifically refer to the concept of limited capacity for processing information.
Therefore, the correct answer is (a) bounded-rationality.
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The given question is incomplete, the complete question is
The fact that consumers have limited capacity for processing information is referred to as :
(a) bounded rationality,
(b) instrumental capacity.
(c) cognitive capacity.
(d) cognitive dissonance.
(e) none of these.
Related Questions
HURRY I NEED HELP!!!
Does globalization (or global trade) provide an opportunity to the world (positive), or does it take advantage of local individuals and cultures (negative)? Explain in a CREW format.
Interviewer: I am here on a very crowded Wall Street with protesters chanting all around me…
Group of Protesters: People before profits! People before profits! People before profits!
Interviewer: Many of these folks are against the growth of global free trade. They believe free trade is to blame for increases in poverty, income inequality (lots of rich and lots of poor), and environmental damage in recent decades. They claim that the elimination of tariffs and other barriers to trade have simply allowed large, multinational corporations to move into and exploit (take advantage of) developing nations, while hurting many U.S. workers and families, too.
Protester 1 (wearing a “No More Sweatshops” T-shirt): The extreme expansion of capitalism and free trade has allowed large, multinational companies to exploit developing countries, and especially their poorest citizens who are often forced to work for less than $1.00 day. Many of the factories set up by these big companies are sweatshops– dirty, dangerous, and the pay is awful. We are here protesting for a ‘living wage’ for all foreign employees of U.S. corporations.
Union representative: I’m tired of these large, unfeeling corporations sending our good paying manufacturing jobs overseas to some factory where workers make $1.50 an hour, instead of letting Americans have those jobs…That’s what’s happening in the textile industry, the steel industry, and the auto industry, too. These are industries that built America and now our jobs are going to China or Mexico...
Interviewer: The other side of this global debate–you might call them free-trade advocates– argues that opening up markets and international borders to free trade has had all kinds of benefits for developing nations, as well as the United States and other industrialized nations. They cite data showing increased life expectancy, increased literacy (ability to read and write), more political freedom, and a reduction in the proportion of people living on less than $1.00 per day in the developing nations.
Manager: Evidence shows that the number of people living on $1.00 per day or less has decreased by 50% in the last 20 years, which was a period of rapid world economic growth, largely because of international trade. And the percentage of people who are malnourished (Starving) has dropped from 56% in the 1960s to only 10% today. Again, during a period of global economic growth, fueled by trade. Look, our corporation has a factory in Vietnam. Last year our factory there paid 2 times the local wage. That was a big step up for those workers, and it made sense for us, too, because it meant we could get the most productive local workers.
Shopper: Let’s also look at all of the different product choices we have. I can go into the grocery store and find different types of food from all over the world. We are limited in what we can produce and grow here in America, so having global trade gives us so many more options.
C- Claim (Globalization provides an opportunity to people throughout the world [or] Globalization takes advantage of local individuals and cultures around the world.)
R- Reason (It provides the opportunity because… [Or] It takes advantage of others because…)
E- Evidence (insert a quote from the reading to prove your positive or negative side)
W- Warrant (This quote shows how globalization is positive/negative because… We should/shouldn’t continue to trade with other countries of the world because...)
Answers
Answer:
In general, globalization has been shown to increase the standard of living in developing countries, but some analysts warn that globalization can have a negative effect on local or emerging economies and individual workers. Globalization is not new.
Tracey decides to lease a car for two years. She puts $0 money down and pays $209.15 per month. At the end of the lease, Tracey can buy the car for $11 000. The selling price of the car today is $13 500. What is the total cost of the car if Tracey buys it at the end of the lease?
Answers
Answer:
$16,019.6
Explanation:
The amount of money Tracey puts down for the car = $0
The amount Tracey pays each month for the lease the car = $209.15
The number of years Tracey leases the car = 2 years
The amount at which Tracey can buy the car at the end of the lease, Pp = $11,000
The selling price of the car today = $13,500
The total amount Tracey pays while leasing the car for two years, L = $209.15/month × 2 years × 12 months/year = $5,019.6
The total cost of the car if Tracey buys it at the end of the lease, C = Pp + L
∴ C = $11,000 + $5,019.6 = $16,019.6
The total cost of the car if Tracey buys it at the end of the lease, C = $16,019.6.
a farmer produces peppers in a perfectly competitive market. if the price falls, in the short run the farmer should
Answers
In the short run, the farmer should consider their average variable costs to determine whether they should continue to produce or exit the market.
In a perfectly competitive market, the market price is determined by the interaction of demand and supply, and individual farmers have no control over the price. In such a market, if the price of peppers falls, the farmer must assess their costs to determine the best course of action.
In the short run, the farmer has limited options to adjust their operations. They can reduce their production, but they cannot alter the fixed costs of their operation. If the new lower price is still above the average variable costs, the farmer can continue to produce, but they will need to reduce the quantity they produce to minimize losses.
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AHHHHHHHHHHH IDK WHAQT TO DO I HAVE FOUR DAYS TO COMPLETE 12 ASSIGNMENTS AND FIVE MIDTERMS I AM BEYOND STRESS SOMEONE SHOOT ME NOW PLEASE
Answers
Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?
Answers
Answer:
1. Paying somebody else and himself represent cash outflow.
2. Party bookings represents forecasted cash inflow.
Explanation:
Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.
Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.
Why is it a good idea to shop at the same two or three stores from week to week?
Answers
Answer:
It is good to shop at the same shop 2-3 times a week so the business can build a Business 2 Customer relationship, and also to gain points and rewards when you go and come back to the shop to entice you into coming and recommending to a friend.
Explanation:
Gregory is aiming to get the _ symbol for his products, which is awarded by the _
Answers
Answer: environmental friendly refrigerators prestigious , engineering agency
Explanation: Separated by Commas .
explain the relationship between occupation and education with example
Answers
Answer:
People who do not qualify for a particular job are given education through training in order to gain the needed knowledge for that particular job. As students, we go to school in order to be educated for future jobs. Good education on a job gives a better understanding and this brings out an excellent delivery of work.
Explanation:
More consistent and extended education leads to more job opportunities, increased income, and the ability to change one's economic status. Education has not only a connection to sanitation and hygiene elements in informal settlements but also to general career development.
FILL THE BLANK.
Ingredients in shampoos, as well as all other manufactured products, are listed on the packaging according to the percentages of each ingredient or in _____________
Answers
Ingredients in shampoos, as well as all other manufactured products, are listed on the packaging according to the percentages of each ingredient or in descending order of concentration. This is known as the ingredient listing hierarchy.
The ingredient listing hierarchy is a regulatory requirement in many countries, including the United States, where ingredients must be listed in descending order of concentration. The ingredient with the highest percentage or concentration is listed first, followed by the next highest, and so on. This hierarchy allows consumers to understand the relative amounts of different ingredients in the product.
By listing ingredients in this manner, consumers can make more informed choices about the products they use, especially if they have specific allergies, sensitivities, or preferences. It helps individuals identify if a particular ingredient they want to avoid, such as a specific allergen or irritant, is present in significant amounts.
Additionally, manufacturers may be required to adhere to specific regulations or labeling guidelines regarding the ingredient listing hierarchy to ensure transparency and accurate representation of the product's composition.
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3. Question 3 Fill in the blank: Working for companies _____ means you'll work on a project-by-project basis, but not as a full-time employee.
Answers
Answer:
on a contract
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Any employee working for companies on a contract simply means or implies that, he or she work on a project-by-project basis rather than as a full-time employee.
For instance, a freelancer is someone who offers or provides his or her service to other employer of labor (business organization) without entering into a long-term contractual agreement.
ou have a $350 public relations budget for the current year. You would like to generate publicity by publishing several ads in the local township newspaper about your store's sponsorship of community activities. The newspaper normally charges $100 per ad but will give you a 30% discount since your message is community service oriented. How many ads can you buy?
Answers
You can purchase five advertisements.
What is the calculation?For this case, the first thing we are going to do is define the following variable:
x = number of ads.
We then have the following mathematical expression that models the problem:
(100) * (1-0.3) * (x) = 375
Where,
100: Charges for each advertisement.
(1-0.3): 30% discount per ad
x: number of ads
375: Budget available.
Clearing x we have:
x = (375) / ((100) * (1-0.3))
x = 5.357142857
Nearest whole number:
x = 5
Answer:
You can buy:
x = 5 ads.
Hence, five ads can be bought.
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A key assumption of the supply and demand model is that: firms will continue to raise prices until profits become positive. each firm produces at a level of output at which price exceeds marginal cost. each firm's good is unique and cannot be duplicated by other firms in the market. each firm in the market produces an identical good.
Answers
Answer:
each firm in the market produces an identical good.
Explanation:
In the case of the supply and demand model there is a key assumption that tells that each & every firm in the market would generate or produce the same kind of good as it produced homogenous product instead producing different kind of goods
So according to the given situation the last option is correct
ANd the rest of the options would be wrong
types of shares in a business
Answers
Answer:
ordinary shares
non-voting shares
redeemable shares
preference shares
Explanation:
crazy what a quick go ogle search can do! :)
What capability do smartphones have that telephones with earlier technology lacked?
wireless technology
data services
mobility
voice transmissions
Answers
Answer
data service
Explanation:
edge
Now that you understand what investments are, you will search for three image examples that represent investments. You may choose to select images that represent the key concepts of investments, or examples of different types of
investments. In a short paragraph, explain why each of your selected images is an appropriate representation. Be sure
to follow proper image use and citation guidelines; click here for a quick review on these guidelines. In a second
paragraph, discuss the sources of each of your images and why they are reputable.
Answers
There are three main types of investments: Ownership, Lending, or cash. Ownership investments are the most volatile and profitable class of investment. Such as owning stock meaning owning a portion of a company. It may be a minuscule stake, but it's ownership. More broadly speaking, all traded securities, from futures to currency swaps, are ownership investments. Investors purchase them in order to share in the profits, or because they will increase in value, or both. Lending money is a category of investing. The risks generally are lower than for many investments and, consequently, the rewards are relatively modest. A bond issued by a company or a government will pay a set amount of interest over a set period of time. The only real risk is that the company or government will go bankrupt, in which case the bondholder may get little or none of the investment back. A regular savings account is an investment. The investor is essentially lending money to the bank. The bank will pay interest to the account holder and will earn its profit by loaning out the rest of the money to businesses at a higher rate of interest. These are investments are "as good as cash," which means that they can be converted back to cash easily and quickly. Money market funds are more liquid than other investments, meaning you can write checks out of money market accounts just as you would with a checking account. Although, once you start writing checks on it you've erased much of its value as an investment.
What types of investments do banks use to make a profit? check all that apply. Opening checking accountsstarting new businessesbuying stocks and bondsbuying several propertiesissuing loans to all customersbuying the rights to loans.
Answers
The following are some examples of the investments that banks utilize to generate revenue:
Investing in bonds and equities.Purchasing many properties.Purchasing borrowing rights.How do banks make money?A bank is a sort of financial institution that offers clients and businesses basic financial goods, accepts deposits, offers checking account services, and gives out loans.
Banks can make money by lending money to customers and charging interest on those loans. Deposits from customers supply the bank with funding for loans. Banks can make money by charging customers for account upkeep.
What is the primary means of profit for a bank?Commercial banks make money by extending loans and collecting interest from those loans. Banks use consumer deposits as the source of money for these loans. Interest income from loans can make up to 65% of a bank's overall revenue model.
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can someone help . i know I'm dumb:) x-5=7
Answers
Answer:
Hey Army
Nice to meet you:)
your answer is 12
as x-5=7
so x=7+5
x is 12
Stream life goes on and Dynamite. :)
Answer:
x=12
Explanation:
x-5=7
x-5+5=7+5
x=12
Here are brief of four businesses
-small firm of builders whixh has noticed new businesses being set up in the building industry
- a recently established business in the rapidly expanding computer industry,which is owned by two young and ambitious entrepreneurs
- a large book publisher which dominates the market in textbook in your country
- a group of people who are concerned about the lack of clean water provided to poor communities
A. Explain the most likely main objective of the managers of each of theese businesses
B. In each example, explain the decisions that could help the business to achive these objectives
Answers
Valuing semiannual coupon bonds Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. Using the values of cash flows and number of periods, the valuation model is adjusted accordingly. Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate of 3%. The yield to maturity (YTM) of the bond is 8. 80%. Using this information and ignoring the other costs involved, calculate the value of the Treasury note. A. $653,988. 93b. $484,721. 21c. $769,398. 74d. $923,278. 49Based on your calculations and understanding of semiannual coupon bonds, complete the following statement: When valuing a semiannual coupon bond, the time period variable(N) used to calculate the price of a bond reflects the number of periods remaining in the bond's life
Answers
The Treasury bonds have a $769,398.74 market value. Due to the constant, the bond's price will steadily rise (grow) until it reaches its $1,000,000 face value at maturity.
(3% x $1,000,000)/2 = $15,000.00
8.80%/2 = 4.400%.
5 years*2= 10
p/y, N, I, FV, PMT, = PV?
2, 10, 8.80, 1,000,000, 15000 =$769,398.74
The Treasury note pays a semiannual coupon payment, so the YTM will need to be adjusted. Rather than a four-year bond, think of this as an ten-year bond that makes annual interest payments at half the coupon rate. The Treasury note makes 10 payments of $15,000.00 [(3% x $1,000,000)/2 = $15,000.00]. The YTM used for discounting the cash flows will be 8.80%/2 = 4.40%.
The price of the T-note is predicted to rise under the assumption that interest rates stay the same. •A discount is being offered on the T-note as mentioned. • The time period variable (N), which is used to determine a bond's price when valuing a semiannual coupon bond, represents the quantity of 6-month periods left in the bond's existence.
rise, discount, 6-month price below par, and the bond is being sold below par value. When rates
The Treasury bonds have a $769,398.74 market value. Due to the constant, the bond's price will steadily rise (grow) until it reaches its $1,000,000 face value at maturity.
A bond's value is the total of its predicted future cash flows' present values.
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Fast casual restaurants such as Chipotle are expanding because firms recognize that potential customers are predominantly young people. This scenario illustrates how _______ influence marketing decisions.
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Fast casual restaurants such as Chipotle are expanding because firms recognize that potential customers are predominantly young people. This scenario illustrates how age influence marketing decisions.
What is marketing?Marketing involves various processes put together for sales and distribution of a particular products.
It involves strategic planning also consideration of the target market.
Therefore, Fast casual restaurants such as Chipotle are expanding because firms recognize that potential customers are predominantly young people. This scenario illustrates how age influence marketing decisions.
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Question 9 of 10
If a new source of lumber is found, what is likely to happen to the price of
lumber, and why?
A. The price is likely to increase because demand will increase.
B. The price is likely to increase because costs of production will
increase
C. The price is likely to decrease because demand will decrease.
O D. The price is likely to decrease because supply has increased.
SUBMIT
Answers
Answer:
O D. The price is likely to decrease because supply has increased.
SUBMIT
Explanation:
A new source of lumber will result in an increase in the quantity available for sale. As per the laws of supply and demand, an increase in supply without a corresponding increase in demand leads to reduced prices.
The prevailing market price or equilibrium price is the price at which the current demand matches the current supply. There are no shortages or excesses. An increase in supply creates a surplus in the market. For suppliers to sell the excess lumber supplied, they have to reduce prices to create more demand.
Owning ten stocks rather than two illustrates the concept of ________.
A) asset allocation
B) the risk return relationship
C) diversification
D) money market funds
E) prospecting
Answers
Owning ten stocks rather than two illustrates the concept of diversification (C).
What is diversification?Diversification is an investment strategy that involves the acquisition of various kinds of assets with the aim of reducing risk. This is achieved because the price of assets does not always rise and fall at the same time and with the same degree of intensity.
Therefore, by investing in many different assets, the losses generated by some of them will be offset by the gains generated by others. The objective of diversification is to lessen the likelihood of substantial losses in any one asset class.
In this case, by owning ten stocks rather than two, the investor has diversified his portfolio by investing in a variety of securities. As a result, the investor's losses are minimized, and the chances of making profits increase. Therefore, owning ten stocks rather than two illustrates the concept of diversification.
The other options are incorrect because:
Asset allocation: this is a strategy used to manage risk by dividing an investment portfolio among different asset categoriesRisk-return relationship: This is a statistical comparison between the amount of risk an investor is willing to take and the amount of return they anticipate on their investmentMoney market funds: These are short-term, low-risk investments that offer returns that are often slightly higher than those of a savings account.Prospecting: This is the process of identifying and locating potential customers or clients for a business, product, or service.Therefore, the correct answer is option C) diversification.
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How can a company hide 2000$ of debts in a double entry journal accounting….. using debits and credits
Answers
The supply curve is upward-sloping because higher prices ________.
Answers
The supply curve is upward-sloping because higher prices incentivize producers to produce more.
As the price of a good increases in the market, the producers can sell each unit that they produce at a higher price, and make it more profitable for them to increase their production.
A supply curve can be defined as a graph that shows how a change in the price of a good or service can affects the quantity that a seller supplies. Price is usually listed on the vertical y-axis of the graph, while quantity supplied is listed on the horizontal x-axis of the graph.
Factors like- taxes and government regulation, market power of the suppliers, availability of the substitute goods, and the economic cycles may all shift the supply or demand curves or alter their respective shapes.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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An entrepreneur looking for financing to get her small personally owned business up and running should probably consider:_____.
Answers
An entrepreneur looking for financing to get her small personally owned business up and running should probably consider Venture Capitalists.
A venture capitalist (VC) is a private equity investor who provides capital to companies with high growth potential in exchange for participation in the stock. This could be funding startups or helping small businesses that want to expand but don't have access to the stock market.
Venture Capital refers to private equity funds offered by venture capital firms or funds to start-ups, early-stage companies, and startups that have been determined to have high growth potential or exhibit high growth. Kind of.
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Imagine that Stella deposits $25,000 in currency (which she had been storing in her closet) into her checking account at the bank. Assume that this institution and others like it have a required reserve ratio of 25%. How much of this deposit can the bank turn around and lend out to borrowers?
A. $12,500
B. $0
C. $18,750
D. $25,000
E. $6,250
Answers
Answer: C. $18,750
Stella deposited $25,000 in currency into her checking account at the bank, and the required reserve ratio is 25%.
How much of this deposit can the bank turn around and lend out to borrowers?
Answer: C. $18,750
Explanation:
Required Reserve Ratio (RRR) is the proportion of deposits which the bank has to hold with itself, and it is specified by the Federal Reserve. RRR = % of deposit liabilities that the bank must keep in reserves.
What is the reserve ratio?
It is 25%.
Required Reserve Ratio (RRR) = 25%
Therefore, Stella's deposit would mean an increase in the bank's reserves by $25,000. The amount that can be lent out is the difference between the amount deposited and the required reserve ratio amount, which is $18,750. So, the correct answer is $18,750.
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For the year ending December 31, 2018, Sparks Electric expects net cash provided by operations of , net cash used by investing activities of , and net cash provided by financing activities of . Sparks plans to spend to add a warehouse for its operations and pays in cash dividends. What is the amount of free cash flow?
Answers
Answer: C) $40,000
Explanation:
The free cash flow to a company is that amount of cash that it has generated from its operations that it can therefore use to purchase assets and pay off dividends.
Cash from operations = $328,000
Dividends = $31,000
Spending on warehouse (asset) = $257,000
Free cash flow = 328,000 - 257,000 - 31,000
= $40,000
Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12,000 flashing lights per year and has the capability of producing 100 per day. Setting up the light production costs $50. The cost of each light is $1. The holding cost is $0.10 per light per year.
Answers
Answer:
The right solution is:
(a) 4,272 units
(b) $134.16
(c) $134.17
(d) $12,268.33
Explanation:
Seems that the given question is incomplete. The attachment of the complete question is provided below.
According to the question, the values are:
Annual demand,
D = 12,000
Number of days,
= 300
Daily demand,
d = \(\frac{12000}{300}\)
= 40
Production rate,
P = 100
Ordering cost,
S = $50
Holding cost,
H = $0.10
(a)
The production run's optimal size will be:
Q = \(\sqrt{\frac{2DS}{H(1-\frac{d}{P} )} }\)
By putting the values, we get
= \(\sqrt{\frac{2\times 12000\times 50}{0.10\times (1-\frac{40}{100} )} }\)
= \(\sqrt{20,000,000}\)
= \(4,471.14\)
or,
= \(4,472 \ units\)
(b)
The average holding cost will be:
= \(\frac{Q}{2}\times H\times [1-\frac{d}{P} ]\)
= \(\frac{4472}{2}\times 0.10\times [1-\frac{40}{100} ]\)
= \(134.16\) ($)
(c)
The average setup cost will be:
= \(\frac{D}{Q}\times S\)
= \(\frac{12000}{4472}\times 50\)
= \(134.17\) ($)
(d)
The total cost per year will be:
= \(Avg. \ holding \ cost+ Avg. \ setup \ cost+Cost \ of \ purchase\)
= \(134.16+134.17+(1\times 12000)\)
= \(12,268.33\) ($)
Qik Fix-It offers Cody a job as a plumber. No time for acceptance is specified in offer. The offer will terminate: Group of answer choices A. This common law offer will expire after a reasonable period of time. B. This UCC offer will expire after a reasonable period of time. C. After atypical work week (five business days) for this common law offer D. This common law offer will expire after a usual month (thirty calendar days). E. Never
Answers
Answer:
A. This common law offer will expire after a reasonable period of time.
Explanation:
Since in the question Cody offered a job from Qik Fix as a plumber but there is no time given for acceptance so the offer would be terminated after a reasonable time period as this represents a common law where the offer would be expire after a reasonable period in the case when the time period is not mentioned
Therefore the correct option is a.