answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mice21 [21]
1 year ago
12

A shopper infers that a product must be of high quality because the manufacturer has been in business a long time. Which heurist

ic is this an example of
Business
1 answer:
Rzqust [24]1 year ago
6 0

Answer:

The Compromise effect

Explanation:

Heuristic is a  modelling that explains the two fundamental ways of processing information while making up an opinion.

Data and information can be processed diligently in order to form an opinion which is a more accurate way than the other type known as heuristics .This explains that opinions can also be formed based on just a mere perception of issues or based on the opinion of other people or experts , which in most cases may not give a true representation of the situation at hand.

However , it forms a part of human daily activities and can also be useful in forming the required opinions in the course of daily activities.

One of the effect as seen in the question is bias attitudes or the compromise effect.

You might be interested in
Which statement regarding headings is accurate? Group of answer choices Headings provide visual distraction for readers; thus th
storchak [24]

Headings highlight information and improve readability.

<h3><u>Explanation:</u></h3>

Any documents readability can be improved with the usage of headings. The headings and sub headings of any documents helps in the representation of important concepts and also the ideas that are supporting those main concept. They help in enhancing the importance of the document through the proper visual representation.

The differences that we use in the text of the documents helps the readers in distinguishing the main concepts and ideas from the rest of the text in the documents. Thus, headings will be appearing in a little bigger size and helps in highlighting information and improving readability.

3 0
2 years ago
Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
Leno4ka [110]

Answer:

Unit cost= $347.8

Explanation:

Giving the following information:

The total fixed manufacturing overhead cost of $468,000, variable manufacturing overhead of $2.10 per machine-hour, and 72,000 machine-hours.

Job A496:

Number of units in the job 10

Total machine-hours 80

Direct materials $ 930

Direct labor cost $ 1,860

First, we need to calculate the manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (468,000/72,000) + 2.1= $8.6 per machine hour

Now, we can calculate the total cost:

Total cost= direct material + direct labor + manufacturing overhead

Total cost= 930 + 1,860 + (8.6*80)= $3,478

Unit cost= total cost/ number of units= 3,478/10= $347.8

8 0
2 years ago
Suppose that in September 2018 a company takes a long position in a contract on May 2019 crude oil futures. It closes out its po
DochEvi [55]

Answer:

The company total profit is $2,200

The realization of the $2,200 total profit will be on the day-to-day basis with the time frame as followed:

- $800 will be realized in the 2018 ( from September to end of the year);

- $1,400 will be realized in 2019 ( from the begining of 2019 to the time the position is closed.

(a) A Hedger will be taxed on his/her $2,200 profit on the year of 2019;

(b) A Speculator will be taxed on his/her $2,200 profit right it is realized. In other words, $800 of profit will be taxed in 2018 and 1,400 of profit will be taxed in 2019.

Explanation:

- The total profit is calculated as: ($50.50-$48.30) x 1,000 = $2,200;

- The profit realized in 2018 is calculated as ( $49.10-$48.30) x 1,000 =$800;  

- The profit realized in 2019 is calculated as ( $50.50-$49.10) x 1,000 =$1,400.

8 0
2 years ago
50 POINTS!!! for the best answer
timurjin [86]

Answer:

<u><em>1. an advertising technique that uses a new kind of technology to communicate its message </em></u>

Mobile video advertising

Mobile video consumption is growing rapidly and providing advertisers with a way to reach consumers when they are paying attention. Between Q3 2012 and Q3 2014, smartphone and tablet video consumption grew 400 percent and now accounts for 30 percent of all online videos played, according to Ooyala’s Global Video Index. This trend has been helped along by the expansion of fast 4G/LTE coverage. The bigger iPhone 6 screen and the popularity of other ‘phablets’ (large-screen smartphones) also reflect the growing importance of mobile video. As phablets saturate the market, they will in turn feed the growth of mobile video.

2. an advertising technique that is most effective at the point of sale (i.e. at the moment the customer purchases the product)

The display of candy bars within immediate reach reminds you that you’re a little hungry, so you grab one (it’s on sale). Oh, and that magazine looks interesting. You’re already reading an article when you get to the cash register, where the teller asks if you want to donate $1 to a charity; and doing so, you write your name on a little heart placard that gets placed on the wall with a hundred other hearts from other donators. Finally, you complete your purchase(s) and get your receipt—with several extra items you hadn't expected to buy.

Point of sale marketing refers to all efforts that increase sales at the point the purchase is actually made. Primarily this revolves around a cash register (although a point of purchase for a business might be a meeting table, or an Internet page), and is a staple of retail and restaurant environments

3. a real-world case study of a company that was legally penalized for making false advertising claims

On March 29, 2016, the Federal Trade Commission (FTC) filed a lawsuit against Volkswagen, which claimed that the car company had deceived customers with the advertising campaign it used to promote its supposedly "Clean Diesel" vehicles, according to a press release.

In 2015, it was exposed that VW had been cheating emissions tests on its diesel cars in the US for the past seven years.

The FTC alleged that "Volkswagen deceived consumers by selling or leasing more than 550,000 diesel cars based on false claims that the cars were low-emission, environmentally friendly."

3 0
1 year ago
Skysong, Inc. returned $140 of goods originally purchased on credit from Concord Industries. Using the periodic Inventory approa
lara31 [8.8K]

Answer:

Sales Returns and Allowances $140 and Accounts Receivable $140

Explanation:

When goods are returned, the sales revenue decreases through Sales Returns and Allowances which is an expense so it is debited and the goods sold on account so the Accounts Receivable which is an asset decreases so it is credited.

Date   Account Titles and Explanations    Debit   Credit

          Sales Returns and Allowances          $140

                 Accounts Receivable                                $140

           (To record sales returns)  

6 0
1 year ago
Other questions:
  • Lupe is a student who wants to open a bank account. Which type of bank is most likely the best option for her needs?
    12·2 answers
  • True or false: the market for tomatoes does exhibit the two primary characteristics that define perfectly competitive markets.
    13·2 answers
  • Dristell Inc. had the following activities during the year (all transactions are for cash unless stated otherwise):A building wi
    14·1 answer
  • Firms have several choices of diversification initiatives that can be used to create value. Which of the following is not one of
    13·1 answer
  • Avocado Incorporated just paid a dividend of $3. An analyst expects this dividend to grow at a rate of 12% for the next 3 years.
    11·1 answer
  • Which of the following acquisitions would be considered the LEAST related? Group of answer choices A candy manufacturer purchase
    10·1 answer
  • House of Haddock has 5,000 shares outstanding and the stock price is $140. The company is expected to pay a dividend of $20 per
    8·1 answer
  • Carla Vista Co. had these transactions during the current period.
    9·1 answer
  • The management of Ro Corporation is investigating automating a process. Old equipment, with a current salvage value of $27,000,
    14·2 answers
  • A last-mile delivery service is looking into increasing capacity by purchasing new delivery vans. Two vans are being considered.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!