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nasty-shy [4]
2 years ago
8

Please label each scenario as to whether or not the person is acting rationally and making choices leading to the outcome they d

esire most. Steven's family is at a Korean restaurant. He orders some spicy barbeque pork, but it tastes terrible. They cannot get a refund or replacement, so he leaves it uneaten. His parents are dismayed, as this is a better meal than they ever had growing up, but he sees no point in suffering more than he already has.
Business
1 answer:
BARSIC [14]2 years ago
6 0

Answer:

Irrational Decision

Explanation:

  • He made this decision for his own, and because of that his parents may have gotten hurt. He could have acted that he liked the meal for the sake of his parents.
  • Could have ordered something else if he he didn't like that specific meal.
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Maura has started a full-time job as an accountant at a nonprofit organization. Which tax paperwork is she likely to receive dur
lora16 [44]

Answer:

The correct answer is a w-4 form

Explanation:

Most people receive W-4 forms from their employers when they start working. Payroll departments use the information that employees provide on their W-4 forms to determine how much money should be withheld from their federal tax salaries. If you have just entered the workforce, filling out a W-4 form for the first time can be confusing.

4 0
2 years ago
The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. the
Arturiano [62]

The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. These rights are known as Livery of Seisin. Livery of Seisin refers to owning something and having the right to sell it. When a consumer owns a time-share, they have the rights to rent or sell the property during their allotted time during the year they have the property.

6 0
2 years ago
Read 2 more answers
Which of the following terms refers to the study of how organizations function and how they affect and are affected by the envir
Alborosie

Answer:

d. Organizational environment

Explanation:

Indeed, organizational environmental studies how a particular organization is affected by it's operating environment, and how the organization functions under that environment.

Note also that the organizational environment is further divided into:

- the internal environment and

- the external environment

Put simply, the internal environment consist of factors that affect the organization from within; which are controllable. However, the external environment consist of factors such as political instability, etc that can affect the organization and beyond the control of the organization.

7 0
2 years ago
Tracy consumes dress shoes​ (D) and casual Crocs​ (C). Her marginal utility from consuming casual Crocs is MU Subscript Upper CM
Llana [10]

Answer:

The optimal bundle is 6 pairs of dress shoes and 3 pairs of Crocs.

Explanation:

From the question,

Allowance (M) = $450; Price of dress shoes, Pd = $50; Price of crocs, Pc = $50

Note: MRS-price ratio, MUC- marginal utility from consuming casual Crocs ,MUD- marginal utility from consuming dress shoes

Optimal bundle is determined where MRS = Price ratio

MRS = MUC/MUD = 20DC/10C2 = 2D/C

Price ratio = Pd/Pc = 50/50 = 1

So, 2D/C = 1

       Therefore, C = 2D

Budget constraint:  M = Pd*D + Pc*C

So, 50D + 50*(2D) = 450

      50D + 100D = 150D = 450

So, D = 450/150 = 3

C = 2D = 2*3 = 6

7 0
2 years ago
Ariana loves new electronic products, but she also wants to make sure she gets a good value for her money. Therefore, she typica
qwelly [4]

Answer:

This question lacks answers. Here they are:

A) ​Early adopter  

B) ​Early majority  

C) ​Innovator  

D) Late majority  

E) ​Laggard

Answer is B) <em>​Early majority  </em>

Explanation:

These are the adoption categories. They measure how inclined a customer is to adopting a new product or technology. Each category describes the main aim and goal of the customer when trying the new product.

Naturally, all categories are on the gradual scale:

Innovators -> Early adopter -> Early majority -> Late Majority - > Laggard

with the <em>innovator</em> being the group that is adopting the product immediately after launch, while the <em>laggard</em> is very change-resistant, rarely making choices regarding the adoption of something new.

The thinnest line is probably the difference between <em>early adopters</em> and the <em>early majority</em>. Early adopters are not as fast as innovators when it comes to product adopting and they are often doing it because of coolness or the "wow" factor of the product. Although the time of adoption for the early majority is the same or a little bit longer than early adopters, the key difference is that the early majority puts functionality over coolness when something is new and ready for adoption.

In this example, Ariana want to receive great functionalities for the given money, so she turns to ratings, reviews and recommendations from early adopters and innovators (Eric). Eventually, when it is determined that the product proves its value, the early majority adopts it.

8 0
2 years ago
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